Cowen AND Company LLC Grows Position in Distoken Acquisition Co. (NASDAQ:DIST)

Cowen AND Company LLC increased its position in shares of Distoken Acquisition Co. (NASDAQ:DIST) by 65.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 40,000 shares of the company’s stock after purchasing an additional 15,768 shares during the period. Cowen AND Company LLC owned approximately 0.62% of Distoken Acquisition worth $431,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Berkley W R Corp boosted its stake in shares of Distoken Acquisition by 47.7% during the 1st quarter. Berkley W R Corp now owns 248,027 shares of the company’s stock worth $2,669,000 after purchasing an additional 80,123 shares during the period. Karpus Management Inc. boosted its position in Distoken Acquisition by 40.2% in the 1st quarter. Karpus Management Inc. now owns 358,197 shares of the company’s stock valued at $3,854,000 after buying an additional 102,656 shares during the period. Periscope Capital Inc. boosted its position in Distoken Acquisition by 3.2% in the 1st quarter. Periscope Capital Inc. now owns 154,734 shares of the company’s stock valued at $1,665,000 after buying an additional 4,734 shares during the period. Mizuho Securities USA LLC boosted its position in Distoken Acquisition by 29.4% in the 1st quarter. Mizuho Securities USA LLC now owns 187,330 shares of the company’s stock valued at $1,986,000 after buying an additional 42,561 shares during the period. Finally, Glazer Capital LLC boosted its position in Distoken Acquisition by 1.1% in the 4th quarter. Glazer Capital LLC now owns 189,757 shares of the company’s stock valued at $2,011,000 after buying an additional 2,043 shares during the period. 63.68% of the stock is owned by hedge funds and other institutional investors.

Distoken Acquisition Price Performance

Distoken Acquisition stock opened at $10.84 on Tuesday. Distoken Acquisition Co. has a 1 year low of $10.47 and a 1 year high of $12.35. The firm has a 50-day moving average of $10.80 and a two-hundred day moving average of $10.76.

About Distoken Acquisition

Distoken Acquisition Corporation does not have significant operations. The company focus on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire businesses in the technology industry in Asia.