Schechter Investment Advisors LLC Takes Position in Translational Development Acquisition Corp. (NASDAQ:TDACU)

Schechter Investment Advisors LLC purchased a new stake in shares of Translational Development Acquisition Corp. (NASDAQ:TDACU) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 150,640 shares of the company’s stock, valued at approximately $2,778,000.

Other large investors have also recently modified their holdings of the company. Tuttle Capital Management LLC bought a new stake in Translational Development Acquisition during the fourth quarter valued at about $461,000. Wealthspring Capital LLC bought a new position in shares of Translational Development Acquisition during the 4th quarter worth approximately $1,095,000. Wolverine Asset Management LLC bought a new position in shares of Translational Development Acquisition during the 4th quarter worth approximately $5,716,000. MMCAP International Inc. SPC bought a new position in shares of Translational Development Acquisition during the 4th quarter worth approximately $6,454,000. Finally, Calamos Advisors LLC bought a new position in shares of Translational Development Acquisition during the 4th quarter worth approximately $6,915,000.

Translational Development Acquisition Price Performance

NASDAQ TDACU opened at $10.12 on Monday. Translational Development Acquisition Corp. has a 52 week low of $10.00 and a 52 week high of $10.30. The stock’s 50 day moving average price is $10.06.

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.