P Schoenfeld Asset Management LP Sells 50,000 Shares of Bright Lights Acquisition Corp. (NASDAQ:BLTS)

P Schoenfeld Asset Management LP reduced its position in shares of Bright Lights Acquisition Corp. (NASDAQ:BLTS) by 14.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 300,000 shares of the company’s stock after selling 50,000 shares during the quarter. P Schoenfeld Asset Management LP owned 1.04% of Bright Lights Acquisition worth $2,904,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Wolverine Asset Management LLC bought a new stake in Bright Lights Acquisition during the first quarter worth $85,000. Anqa Management LLC acquired a new stake in Bright Lights Acquisition during the 1st quarter worth approximately $148,000. Corbyn Investment Management Inc. MD acquired a new stake in Bright Lights Acquisition during the 2nd quarter worth approximately $154,000. Jane Street Group LLC acquired a new stake in Bright Lights Acquisition during the 1st quarter worth approximately $177,000. Finally, Goldman Sachs Group Inc. acquired a new stake in Bright Lights Acquisition during the 1st quarter worth approximately $264,000. 55.43% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ:BLTS traded up $0.02 during mid-day trading on Monday, hitting $9.70. 2,000 shares of the company’s stock were exchanged, compared to its average volume of 51,374. The company has a 50 day simple moving average of $9.71 and a 200-day simple moving average of $9.73. Bright Lights Acquisition Corp. has a fifty-two week low of $9.56 and a fifty-two week high of $10.50.

About Bright Lights Acquisition

Bright Lights Acquisition Corp. is a blank check company. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It intends to focus for a target business operating in the consumer products, media, entertainment, and sports sectors.

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Institutional Ownership by Quarter for Bright Lights Acquisition (NASDAQ:BLTS)

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