Wolverine Asset Management LLC Cuts Holdings in Blue World Acquisition Co. (NASDAQ:BWAQ)

Wolverine Asset Management LLC lessened its holdings in Blue World Acquisition Co. (NASDAQ:BWAQ) by 37.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 142,363 shares of the company’s stock after selling 86,275 shares during the quarter. Wolverine Asset Management LLC’s holdings in Blue World Acquisition were worth $1,569,000 at the end of the most recent reporting period.

Separately, Cowen AND Company LLC purchased a new stake in shares of Blue World Acquisition in the third quarter valued at approximately $279,000. Institutional investors own 84.61% of the company’s stock.

Blue World Acquisition Stock Performance

Blue World Acquisition stock opened at $11.25 on Thursday. Blue World Acquisition Co. has a 12 month low of $10.51 and a 12 month high of $11.27. The business has a 50 day simple moving average of $11.18 and a 200-day simple moving average of $11.05.

Blue World Acquisition Company Profile

Blue World Acquisition Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company intends to focus primarily on businesses in the marine leisure, cruise, marine infrastructure and engineering, general hospitality, travel and tourism, marine services, logistics and supply chain, offshore energy solutions, and related industry segments.