BlueRiver Acquisition (NYSE:BLUA) Trading Up 0.1%

BlueRiver Acquisition Corp. (NYSE:BLUA)’s share price was up 0.1% during trading on Tuesday . The stock traded as high as $10.99 and last traded at $10.99. Approximately 4,658 shares were traded during trading, a decline of 87% from the average daily volume of 34,896 shares. The stock had previously closed at $10.98.

BlueRiver Acquisition Stock Performance

The company has a 50-day moving average of $10.83 and a 200 day moving average of $10.72.

Institutional Investors Weigh In On BlueRiver Acquisition

Several institutional investors have recently bought and sold shares of BLUA. Glazer Capital LLC bought a new position in shares of BlueRiver Acquisition in the 4th quarter worth approximately $2,777,000. Mizuho Securities USA LLC purchased a new stake in BlueRiver Acquisition during the 3rd quarter valued at $1,522,000. Finally, Westchester Capital Management LLC purchased a new stake in BlueRiver Acquisition during the 3rd quarter valued at $1,056,000. 22.34% of the stock is currently owned by hedge funds and other institutional investors.

About BlueRiver Acquisition

BlueRiver Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify business opportunities in the field of technology, media, telecom, and entertainment industries.