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2023-03-12 02:42
Saba Capital Management L.P. raised its stake in Sizzle Acquisition Corp. (NASDAQ:SZZL – Get Rating) by 3.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,358,913 shares of the company's stock after acquiring an additional 45,000 shares during the period. Saba Capital Management L.P. owned 0.06% of Sizzle Acquisition worth $13,684,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Goldman Sachs Group Inc. lifted its position in Sizzle Acquisition by 557.4% in the 2nd quarter. Goldman Sachs Group Inc. now owns 707,643 shares of the company's stock valued at $7,069,000 after acquiring an additional 599,999 shares in the last quarter. Cubist Systematic Strategies LLC boosted its position in shares of Sizzle Acquisition by 6.3% during the third quarter. Cubist Systematic Strategies LLC now owns 696,755 shares of the company's stock worth $7,013,000 after buying an additional 41,328 shares during the period. Shaolin Capital Management LLC grew its holdings in shares of Sizzle Acquisition by 2,400.7% during the third quarter. Shaolin Capital Management LLC now owns 625,172 shares of the company's stock worth $6,292,000 after buying an additional 600,172 shares in the last quarter. Polar Asset Management Partners Inc. acquired a new stake in Sizzle Acquisition in the 1st quarter valued at approximately $5,970,000. Finally, Starboard Value LP bought a new stake in Sizzle Acquisition in the 1st quarter valued at approximately $5,939,000. Institutional investors and hedge funds own 54.31% of the company's stock.
Get Sizzle Acquisition alerts:Shares of SZZL traded up $0.16 during mid-day trading on Friday, hitting $10.54. The business has a fifty day moving average price of $10.35 and a 200 day moving average price of $10.22. Sizzle Acquisition Corp. has a 12-month low of $9.94 and a 12-month high of $10.70.
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Sizzle Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It focuses on investing in the restaurant, hospitality, food and beverage, retail, consumer, food and food related technology, and real estate industries.
Want to see what other hedge funds are holding SZZL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sizzle Acquisition Corp. (NASDAQ:SZZL – Get Rating).
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