AQR Arbitrage LLC Has $3.40 Million Stock Position in YHN Acquisition I Limited $YHNA

Key Points

• AQR Arbitrage LLC reduced its stake in YHN Acquisition I Limited by 13.0%, selling 50,000 shares to end the first quarter with 333,272 shares, representing about 4.18% ownership.
• Multiple hedge funds, including Two Sigma Investments LP and D. E. Shaw & Co. Inc., established new stakes in YHN Acquisition I during the fourth quarter, indicating increased interest in the company.
• The stock is currently trading at $10.53, showing slight fluctuations with a 1-year low of $9.99 and a 1-year high of $10.70.

AQR Arbitrage LLC reduced its position in shares of YHN Acquisition I Limited (NASDAQ:YHNA - Free Report) by 13.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 333,272 shares of the company's stock after selling 50,000 shares during the period. AQR Arbitrage LLC owned about 4.18% of YHN Acquisition I worth $3,403,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. D. E. Shaw & Co. Inc. bought a new position in YHN Acquisition I during the 4th quarter worth $2,985,000. Polar Asset Management Partners Inc. bought a new position in YHN Acquisition I during the 4th quarter worth $2,917,000. Toronto Dominion Bank bought a new position in YHN Acquisition I during the 4th quarter worth $2,748,000. Two Sigma Investments LP bought a new position in YHN Acquisition I during the 4th quarter worth $1,509,000. Finally, Mizuho Securities USA LLC grew its stake in shares of YHN Acquisition I by 0.3% in the first quarter. Mizuho Securities USA LLC now owns 644,057 shares of the company's stock worth $6,537,000 after purchasing an additional 1,661 shares in the last quarter.

YHN Acquisition I Trading Down 0.1%

Shares of NASDAQ:YHNA traded down $0.01 on Monday, hitting $10.47. The company's stock had a trading volume of 1,401 shares, compared to its average volume of 22,791. YHN Acquisition I Limited has a 12 month low of $9.99 and a 12 month high of $10.70. The stock's 50-day moving average is $10.39 and its two-hundred day moving average is $10.31.

YHN Acquisition I Profile

YHN Acquisition I Limited is a blank check company. It formed for the purpose of merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. YHN Acquisition I Limited is based in New York.