ESH Acquisition Corp. (NASDAQ:ESHA) is Periscope Capital Inc.'s Largest Position

Periscope Capital Inc. cut its stake in ESH Acquisition Corp. (NASDAQ:ESHA - Free Report) by 30.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 700,000 shares of the company's stock after selling 300,000 shares during the period. ESH Acquisition makes up 4.0% of Periscope Capital Inc.'s investment portfolio, making the stock its largest position. Periscope Capital Inc. owned about 5.94% of ESH Acquisition worth $7,427,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Warberg Asset Management LLC raised its holdings in ESH Acquisition by 2.9% in the second quarter. Warberg Asset Management LLC now owns 38,700 shares of the company's stock valued at $403,000 after buying an additional 1,096 shares during the period. Tidal Investments LLC boosted its position in ESH Acquisition by 10.7% during the 1st quarter. Tidal Investments LLC now owns 40,234 shares of the company's stock worth $417,000 after purchasing an additional 3,880 shares during the period. Berkley W R Corp increased its holdings in ESH Acquisition by 4.4% in the 2nd quarter. Berkley W R Corp now owns 72,250 shares of the company's stock valued at $754,000 after purchasing an additional 3,013 shares in the last quarter. Cowen AND Company LLC raised its position in ESH Acquisition by 75.4% in the second quarter. Cowen AND Company LLC now owns 159,341 shares of the company's stock valued at $1,660,000 after purchasing an additional 68,502 shares during the period. Finally, Wolverine Asset Management LLC acquired a new position in shares of ESH Acquisition during the third quarter worth about $3,368,000. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

ESH Acquisition Stock Performance

Shares of ESHA stock remained flat at $10.67 during trading hours on Friday. The stock had a trading volume of 10,905 shares, compared to its average volume of 123,379. ESH Acquisition Corp. has a fifty-two week low of $10.18 and a fifty-two week high of $10.70. The company's fifty day simple moving average is $10.63 and its two-hundred day simple moving average is $10.53.

ESH Acquisition Company Profile

ESH Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets in the sports, hospitality, and music and entertainment sectors.