Walleye Capital LLC Has $1.71 Million Holdings in Blue Ocean Acquisition Corp. (NASDAQ:BOCN)

Walleye Capital LLC cut its holdings in Blue Ocean Acquisition Corp. (NASDAQ:BOCN - Free Report) by 37.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 149,479 shares of the company's stock after selling 91,050 shares during the quarter. Walleye Capital LLC owned about 2.27% of Blue Ocean Acquisition worth $1,709,000 at the end of the most recent quarter.

Separately, Wolverine Asset Management LLC boosted its holdings in Blue Ocean Acquisition by 1,183.9% in the second quarter. Wolverine Asset Management LLC now owns 185,657 shares of the company's stock worth $2,072,000 after purchasing an additional 171,197 shares in the last quarter.

Blue Ocean Acquisition Price Performance

NASDAQ BOCN traded up $0.58 during trading on Thursday, hitting $11.10. 2,736 shares of the company traded hands, compared to its average volume of 34,395. Blue Ocean Acquisition Corp. has a 12 month low of $10.00 and a 12 month high of $13.75. The business has a fifty day simple moving average of $11.54 and a 200 day simple moving average of $11.35.

Blue Ocean Acquisition Profile

Blue Ocean Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus within the consumer Internet sector in segments, such as online marketplaces, education and advertising technology, and direct-to-consumer e-commerce businesses in Asia, Latin America, and North America.