31,178 Shares in 26 Capital Acquisition Corp. (NASDAQ:ADER) Bought by BCK Capital Management LP

BCK Capital Management LP bought a new position in 26 Capital Acquisition Corp. (NASDAQ:ADERGet Rating) in the first quarter, HoldingsChannel.com reports. The firm bought 31,178 shares of the company’s stock, valued at approximately $308,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bulldog Investors LLP acquired a new position in 26 Capital Acquisition in the 4th quarter worth $493,000. Karpus Management Inc. boosted its stake in 26 Capital Acquisition by 1,981.5% in the 4th quarter. Karpus Management Inc. now owns 974,675 shares of the company’s stock worth $9,601,000 after purchasing an additional 927,850 shares during the period. Oribel Capital Management LP boosted its stake in 26 Capital Acquisition by 22.1% in the 4th quarter. Oribel Capital Management LP now owns 1,107,672 shares of the company’s stock worth $10,911,000 after purchasing an additional 200,558 shares during the period. PenderFund Capital Management Ltd. acquired a new position in shares of 26 Capital Acquisition during the 4th quarter worth about $80,000. Finally, Allianz Asset Management GmbH acquired a new position in shares of 26 Capital Acquisition during the 4th quarter worth about $1,645,000. 78.59% of the stock is owned by institutional investors and hedge funds.

26 Capital Acquisition Stock Performance

26 Capital Acquisition stock opened at $9.86 on Thursday. The firm has a 50-day moving average of $9.85 and a 200-day moving average of $9.86. 26 Capital Acquisition Corp. has a one year low of $9.60 and a one year high of $9.92.

About 26 Capital Acquisition

(Get Rating)

26 Capital Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Miami, Florida.

Further Reading

Want to see what other hedge funds are holding ADER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for 26 Capital Acquisition Corp. (NASDAQ:ADERGet Rating).

Institutional Ownership by Quarter for 26 Capital Acquisition (NASDAQ:ADER)

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