Rivernorth Capital Management LLC increased its holdings in Black Hawk Acquisition Co. (NASDAQ:BKHA - Free Report) by 25.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 314,985 shares of the company's stock after acquiring an additional 63,015 shares during the quarter. Rivernorth Capital Management LLC owned approximately 3.53% of Black Hawk Acquisition worth $3,225,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. SkyView Investment Advisors LLC bought a new position in shares of Black Hawk Acquisition in the 2nd quarter worth $103,000. TrueMark Investments LLC purchased a new stake in shares of Black Hawk Acquisition during the second quarter valued at about $200,000. Clear Street LLC bought a new stake in shares of Black Hawk Acquisition in the 2nd quarter valued at about $531,000. Cowen AND Company LLC purchased a new position in shares of Black Hawk Acquisition in the 2nd quarter worth approximately $544,000. Finally, Walleye Trading LLC bought a new position in shares of Black Hawk Acquisition during the 3rd quarter worth approximately $737,000.
Black Hawk Acquisition Price Performance
NASDAQ:BKHA remained flat at $10.35 during midday trading on Friday. 1 shares of the company were exchanged, compared to its average volume of 28,210. The firm has a 50-day moving average price of $10.32 and a 200-day moving average price of $10.22. Black Hawk Acquisition Co. has a 12 month low of $10.09 and a 12 month high of $10.46.
Black Hawk Acquisition Company Profile
(
Free Report)
Black Hawk Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in Danville, California.
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