Context Capital Management LLC acquired a new position in shares of bleuacacia ltd (NASDAQ:BLEU – Get Rating) in the 1st quarter, HoldingsChannel reports. The firm acquired 499,498 shares of the company's stock, valued at approximately $4,865,000.

Separately, Wolverine Asset Management LLC acquired a new stake in shares of bleuacacia during the first quarter valued at about $30,000. 24.71% of the stock is currently owned by hedge funds and other institutional investors.

bleuacacia Price Performance

Shares of BLEU remained flat at $9.79 during trading on Wednesday. 57,332 shares of the company's stock were exchanged, compared to its average volume of 80,042. bleuacacia ltd has a 1-year low of $9.61 and a 1-year high of $9.95. The business's fifty day moving average is $9.78 and its 200-day moving average is $9.74.

bleuacacia Company Profile

bleuacacia ltd does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of premium branded consumer retail.

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Want to see what other hedge funds are holding BLEU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for bleuacacia ltd (NASDAQ:BLEU – Get Rating).

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