Cowen Investment Management LLC Takes Position in AF Acquisition Corp. (NASDAQ:AFAQU)

Cowen Investment Management LLC bought a new position in shares of AF Acquisition Corp. (NASDAQ:AFAQU) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 100,000 shares of the company’s stock, valued at approximately $994,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AFAQU. Sculptor Capital LP acquired a new position in AF Acquisition during the 1st quarter worth about $10,512,000. Saba Capital Management L.P. acquired a new position in AF Acquisition during the 1st quarter worth about $9,860,000. Millennium Management LLC acquired a new position in AF Acquisition during the 1st quarter worth about $9,377,000. Shaolin Capital Management LLC acquired a new position in AF Acquisition during the 1st quarter worth about $7,703,000. Finally, Aristeia Capital LLC acquired a new position in AF Acquisition during the 1st quarter worth about $7,403,000.

AFAQU traded up $0.01 during mid-day trading on Wednesday, hitting $9.86. 1,600 shares of the stock were exchanged, compared to its average volume of 87,716. The firm’s fifty day moving average price is $9.89. AF Acquisition Corp. has a 1-year low of $9.75 and a 1-year high of $10.09.

AF Acquisition Company Profile

AF Acquisition Corp. is a blank check company that engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization. AF Acquisition Corp. was incorporated in 2021 and is based in Palm Beach, Florida.

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Institutional Ownership by Quarter for AF Acquisition (NASDAQ:AFAQU)

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