Quarry LP Makes New Investment in Papaya Growth Opportunity Corp. I (NASDAQ:PPYA)

Quarry LP bought a new stake in Papaya Growth Opportunity Corp. I (NASDAQ:PPYA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 79,200 shares of the company’s stock, valued at approximately $854,000. Quarry LP owned 0.71% of Papaya Growth Opportunity Corp. I at the end of the most recent quarter.

Separately, Robinson Capital Management LLC acquired a new position in shares of Papaya Growth Opportunity Corp. I during the fourth quarter worth about $459,000. Institutional investors own 22.40% of the company’s stock.

Papaya Growth Opportunity Corp. I Stock Down 0.8 %

Shares of PPYA traded down $0.09 during mid-day trading on Friday, hitting $11.11. The company’s stock had a trading volume of 702 shares, compared to its average volume of 5,054. Papaya Growth Opportunity Corp. I has a 1-year low of $9.35 and a 1-year high of $12.30. The firm has a 50-day simple moving average of $11.08 and a 200 day simple moving average of $10.92.

Papaya Growth Opportunity Corp. I Company Profile

Papaya Growth Opportunity Corp. I does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Oakland, California.