Black Hawk Acquisition (NASDAQ:BKHA) Stock Price Up 0.1% - Here's Why

Key Points

• Black Hawk Acquisition Corporation's stock price increased by 0.1%, closing at $11.12 as of the latest trading session, with a significant decline in share volume.
• Institutional investors have shown increased interest, with Gabelli Funds LLC acquiring a stake worth approximately $237,000 and others like Westchester Capital Management LLC investing around $3,162,000.
• Black Hawk Acquisition focuses on various types of business combinations, having been established in 2023 and headquartered in Danville, California.

Black Hawk Acquisition Corporation (NASDAQ:BKHA - )'s share price rose 0.1% during trading on Thursday . The stock traded as high as $11.12 and last traded at $11.12. Approximately 609 shares changed hands during trading, a decline of 32% from the average daily volume of 901 shares. The stock had previously closed at $11.11.

Black Hawk Acquisition Trading Up 0.1%

The firm has a fifty day moving average of $11.00 and a 200 day moving average of $10.76.

Institutional Trading of Black Hawk Acquisition

Several hedge funds and other institutional investors have recently bought and sold shares of BKHA. Gabelli Funds LLC acquired a new stake in Black Hawk Acquisition in the first quarter valued at approximately $237,000. Clear Street LLC grew its holdings in Black Hawk Acquisition by 5.3% in the second quarter. Clear Street LLC now owns 51,600 shares of the company's stock valued at $548,000 after purchasing an additional 2,600 shares during the period. Westchester Capital Management LLC acquired a new stake in Black Hawk Acquisition in the first quarter valued at approximately $3,162,000. Wolverine Asset Management LLC grew its holdings in Black Hawk Acquisition by 10.2% in the first quarter. Wolverine Asset Management LLC now owns 351,530 shares of the company's stock valued at $3,702,000 after purchasing an additional 32,461 shares during the period. Finally, Berkley W R Corp grew its holdings in Black Hawk Acquisition by 5.6% in the second quarter. Berkley W R Corp now owns 462,496 shares of the company's stock valued at $4,917,000 after purchasing an additional 24,441 shares during the period.

Black Hawk Acquisition Company Profile

Black Hawk Acquisition Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2023 and is based in Danville, California.

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