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

Wolverine Asset Management LLC cut its stake in shares of Blue World Acquisition Co. (NASDAQ:BWAQ) by 37.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 142,363 shares of the company’s stock after selling 86,275 shares during the period. Wolverine Asset Management LLC owned about 2.16% of Blue World Acquisition worth $1,569,000 as of its most recent SEC filing.

Separately, Cowen AND Company LLC purchased a new stake in Blue World Acquisition during the 3rd quarter valued at $279,000. 84.61% of the stock is owned by institutional investors.

Blue World Acquisition Stock Performance

Blue World Acquisition stock opened at $11.25 on Thursday. Blue World Acquisition Co. has a one year low of $10.51 and a one year high of $11.27. The stock has a fifty day moving average of $11.18 and a 200 day moving average of $11.05.

Blue World Acquisition 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.