Picton Mahoney Asset Management Purchases New Holdings in Bowen Acquisition Corp (NASDAQ:BOWN)

Picton Mahoney Asset Management purchased a new stake in shares of Bowen Acquisition Corp (NASDAQ:BOWN) in the 4th quarter, Holdings Channel reports. The fund purchased 125,000 shares of the company’s stock, valued at approximately $1,368,000.

Other large investors have also recently bought and sold shares of the company. Quarry LP acquired a new position in Bowen Acquisition during the third quarter valued at approximately $915,000. HGC Investment Management Inc. acquired a new position in Bowen Acquisition during the third quarter valued at approximately $4,323,000. Finally, Wolverine Asset Management LLC boosted its position in Bowen Acquisition by 66.8% during the fourth quarter. Wolverine Asset Management LLC now owns 468,382 shares of the company’s stock valued at $5,115,000 after purchasing an additional 187,661 shares during the last quarter. 59.34% of the stock is owned by institutional investors and hedge funds.

Bowen Acquisition Price Performance

Shares of NASDAQ BOWN opened at $3.93 on Friday. The stock has a 50 day moving average price of $5.52 and a 200 day moving average price of $8.98. Bowen Acquisition Corp has a 52 week low of $2.71 and a 52 week high of $11.00.

Bowen Acquisition Company Profile