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2023-03-12 23:14
Saba Capital Management L.P. raised its position in shares of JAWS Hurricane Acquisition Co. (NASDAQ:HCNE – Get Rating) by 48.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,292,603 shares of the company's stock after purchasing an additional 424,553 shares during the period. Saba Capital Management L.P.'s holdings in JAWS Hurricane Acquisition were worth $12,603,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of HCNE. Cantor Fitzgerald L. P. boosted its stake in JAWS Hurricane Acquisition by 1,249.4% during the 3rd quarter. Cantor Fitzgerald L. P. now owns 1,454,600 shares of the company's stock valued at $14,182,000 after purchasing an additional 1,346,800 shares during the period. Bank of Montreal Can lifted its stake in shares of JAWS Hurricane Acquisition by 397.2% in the 3rd quarter. Bank of Montreal Can now owns 497,220 shares of the company's stock worth $4,858,000 after acquiring an additional 397,220 shares during the period. Exos TFP Holdings LLC acquired a new stake in shares of JAWS Hurricane Acquisition in the 3rd quarter worth approximately $3,469,000. Cubist Systematic Strategies LLC acquired a new stake in shares of JAWS Hurricane Acquisition in the 2nd quarter worth approximately $2,423,000. Finally, Aristeia Capital LLC acquired a new stake in shares of JAWS Hurricane Acquisition in the 3rd quarter worth approximately $2,389,000.
Get JAWS Hurricane Acquisition alerts:Shares of NASDAQ:HCNE opened at $10.13 on Friday. The company has a 50 day moving average of $10.06 and a 200-day moving average of $9.91. JAWS Hurricane Acquisition Co. has a twelve month low of $9.67 and a twelve month high of $10.56.
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Jaws Hurricane Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Miami Beach, Florida.
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