Mizuho Securities USA LLC Grows Stake in Black Hawk Acquisition Corporation (NASDAQ:BKHA)

Key Points

• Mizuho Securities USA LLC increased its holdings in Black Hawk Acquisition Corporation (NASDAQ:BKHA) by 11.5%, owning 767,000 shares worth $8,015,000 after acquiring an additional 78,925 shares.
• Other institutional investors such as GABELLI & Co and Wolverine Asset Management have also modified their stakes in BKHA, reflecting growing interest in the company.
• BKHA stock is currently priced at $10.95, with a 12-month range of $10.16 to $11.49, indicating a stable performance within that timeframe.

Mizuho Securities USA LLC increased its position in Black Hawk Acquisition Corporation (NASDAQ:BKHA - Free Report) by 11.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 767,000 shares of the company's stock after purchasing an additional 78,925 shares during the period. Mizuho Securities USA LLC owned 8.59% of Black Hawk Acquisition worth $8,015,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in BKHA. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in Black Hawk Acquisition during the 4th quarter worth approximately $243,000. Polar Asset Management Partners Inc. purchased a new stake in Black Hawk Acquisition in the 4th quarter valued at approximately $1,038,000. Toronto Dominion Bank purchased a new position in shares of Black Hawk Acquisition during the 4th quarter worth $4,995,000. Finally, Wolverine Asset Management LLC lifted its stake in shares of Black Hawk Acquisition by 10.2% during the 1st quarter. Wolverine Asset Management LLC now owns 351,530 shares of the company's stock worth $3,702,000 after purchasing an additional 32,461 shares during the period.

Black Hawk Acquisition Stock Performance

Shares of BKHA remained flat at $10.95 during trading hours on Tuesday. The company had a trading volume of 100 shares, compared to its average volume of 17,424. The stock has a 50-day simple moving average of $10.80 and a two-hundred day simple moving average of $10.64. Black Hawk Acquisition Corporation has a twelve month low of $10.17 and a twelve month high of $11.49.

Black Hawk Acquisition 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.