150,000 Shares in Moringa Acquisition Corp (OTCMKTS:MACAU) Bought by Karpus Management Inc.

Karpus Management Inc. purchased a new position in shares of Moringa Acquisition Corp (OTCMKTS:MACAU) during the first quarter, Holdings Channel.com reports. The fund purchased 150,000 shares of the company’s stock, valued at approximately $1,490,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in MACAU. Sage Mountain Advisors LLC purchased a new position in Moringa Acquisition during the first quarter valued at $168,000. Exos Asset Management LLC purchased a new position in Moringa Acquisition during the first quarter valued at $247,000. Walleye Trading LLC purchased a new position in shares of Moringa Acquisition in the first quarter worth about $278,000. Ergoteles LLC purchased a new position in shares of Moringa Acquisition in the first quarter worth about $289,000. Finally, CNH Partners LLC purchased a new position in shares of Moringa Acquisition in the first quarter worth about $397,000.

OTCMKTS:MACAU opened at $9.93 on Thursday. The stock has a 50-day simple moving average of $9.98. Moringa Acquisition Corp has a twelve month low of $9.77 and a twelve month high of $10.95.

Moringa Acquisition Profile

Moringa Acquisition Corp does not have significant operations. The company intends to acquire assets and businesses through a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It focuses on pursuing opportunities in technology-based businesses or industries in Israel.

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Want to see what other hedge funds are holding MACAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Moringa Acquisition Corp (OTCMKTS:MACAU).

Institutional Ownership by Quarter for Moringa Acquisition (OTCMKTS:MACAU)

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