Columbus Circle Capital Corp. I (NASDAQ:BRRWU) Trading Down 29.6% – Here’s What Happened

Columbus Circle Capital Corp. I (NASDAQ:BRRWUGet Free Report)’s share price traded down 29.6% during trading on Friday . The company traded as low as $3.88 and last traded at $4.05. 4,962 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 102,943 shares. The stock had previously closed at $5.75.

Columbus Circle Capital Corp. I Stock Performance

The firm’s 50 day simple moving average is $8.84 and its 200-day simple moving average is $10.43.

Columbus Circle Capital Corp. I Company Profile

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Columbus Circle Capital Corp. I (NASDAQ: BRRWU) is a closed-end, non-diversified management investment company organized as a business development company under the Investment Company Act of 1940. The firm is externally managed by Columbus Circle Capital, LLC, a registered investment adviser based in New York City. Its principal objective is to generate income and capital appreciation through investments in privately negotiated debt and equity securities of middle-market companies across the United States.

The company’s investment strategy centers on providing flexible financing solutions that address a variety of capital needs, including senior secured loans, unitranche financings, second-lien loans and mezzanine debt.

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