Blue World Acquisition (NASDAQ:BWAQ) Trading Up 0.3%

Blue World Acquisition Co. (NASDAQ:BWAQGet Free Report) shares rose 0.3% on Thursday . The stock traded as high as $11.27 and last traded at $11.26. Approximately 50,416 shares traded hands during trading, an increase of 20% from the average daily volume of 42,172 shares. The stock had previously closed at $11.23.

Blue World Acquisition Stock Up 0.1 %

The stock’s 50 day moving average is $11.22 and its two-hundred day moving average is $11.10.

Institutional Trading of Blue World Acquisition

Institutional investors have recently made changes to their positions in the company. Berkley W R Corp lifted its holdings in Blue World Acquisition by 50.9% in the 1st quarter. Berkley W R Corp now owns 284,676 shares of the company’s stock valued at $3,183,000 after purchasing an additional 95,999 shares in the last quarter. K2 Principal Fund L.P. acquired a new stake in shares of Blue World Acquisition in the first quarter valued at about $838,000. Quarry LP purchased a new position in shares of Blue World Acquisition in the fourth quarter worth about $496,000. Wolverine Asset Management LLC boosted its position in Blue World Acquisition by 22.1% during the third quarter. Wolverine Asset Management LLC now owns 228,638 shares of the company’s stock worth $2,478,000 after acquiring an additional 41,375 shares during the last quarter. Finally, Cowen AND Company LLC acquired a new position in Blue World Acquisition during the third quarter worth about $279,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Blue World Acquisition Company Profile

(Get Free Report)

Blue World Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus primarily on businesses in the marine leisure, cruise, marine infrastructure and engineering, general hospitality, travel and tourism, marine services, logistics and supply chain, offshore energy solutions, and related industry segments.

Further Reading

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