Parallax Volatility Advisers L.P. Takes $929,000 Position in Translational Development Acquisition Corp. (NASDAQ:TDACU)

Parallax Volatility Advisers L.P. bought a new stake in Translational Development Acquisition Corp. (NASDAQ:TDACU) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 50,400 shares of the company’s stock, valued at approximately $929,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Tuttle Capital Management LLC bought a new stake in Translational Development Acquisition in the fourth quarter valued at approximately $461,000. Wealthspring Capital LLC bought a new position in shares of Translational Development Acquisition during the 4th quarter worth approximately $1,095,000. Yakira Capital Management Inc. acquired a new position in shares of Translational Development Acquisition during the 4th quarter worth approximately $1,106,000. Warberg Asset Management LLC bought a new stake in Translational Development Acquisition in the 4th quarter valued at $1,373,000. Finally, Radcliffe Capital Management L.P. acquired a new stake in Translational Development Acquisition during the 4th quarter valued at $2,204,000.

Translational Development Acquisition Stock Performance

NASDAQ:TDACU opened at $10.20 on Friday. The company has a fifty day moving average of $10.15. Translational Development Acquisition Corp. has a one year low of $10.00 and a one year high of $10.30.

About Translational Development Acquisition

Trident Acquisitions Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses primarily in the oil and gas or other natural resource sector.