Shaolin Capital Management LLC lowered its position in shares of Bowen Acquisition Corp (NASDAQ:BOWN - Free Report) by 35.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 100,000 shares of the company's stock after selling 53,862 shares during the period. Shaolin Capital Management LLC owned 1.09% of Bowen Acquisition worth $1,075,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently made changes to their positions in the company. Wolverine Asset Management LLC increased its stake in Bowen Acquisition by 84.4% during the 2nd quarter. Wolverine Asset Management LLC now owns 239,747 shares of the company's stock worth $2,529,000 after acquiring an additional 109,749 shares during the period. Bank of Montreal Can bought a new position in Bowen Acquisition during the 2nd quarter worth $417,000. Berkley W R Corp increased its stake in Bowen Acquisition by 137.3% during the 2nd quarter. Berkley W R Corp now owns 499,090 shares of the company's stock worth $5,265,000 after acquiring an additional 288,790 shares during the period. Glazer Capital LLC increased its stake in Bowen Acquisition by 10.8% during the 2nd quarter. Glazer Capital LLC now owns 216,181 shares of the company's stock worth $2,281,000 after acquiring an additional 21,040 shares during the period. Finally, HGC Investment Management Inc. bought a new position in Bowen Acquisition during the 3rd quarter worth $4,323,000. Institutional investors own 59.34% of the company's stock.
Bowen Acquisition Price Performance
Bowen Acquisition stock traded down $0.03 during mid-day trading on Wednesday, reaching $10.93. 1,379 shares of the company were exchanged, compared to its average volume of 33,503. The company has a fifty day simple moving average of $10.86 and a 200-day simple moving average of $10.71. Bowen Acquisition Corp has a 12 month low of $10.29 and a 12 month high of $10.98.
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