Wolverine Asset Management LLC lifted its position in shares of Chenghe Acquisition I Co. (NASDAQ:LATG - Free Report) by 87.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 251,527 shares of the company's stock after acquiring an additional 117,641 shares during the period. Wolverine Asset Management LLC owned about 2.84% of Chenghe Acquisition I worth $2,774,000 at the end of the most recent reporting period.
Separately, BCK Capital Management LP raised its position in shares of Chenghe Acquisition I by 33.3% during the 3rd quarter. BCK Capital Management LP now owns 74,268 shares of the company's stock valued at $817,000 after acquiring an additional 18,567 shares in the last quarter. Hedge funds and other institutional investors own 50.85% of the company's stock.
Chenghe Acquisition I Price Performance
Shares of LATG stock traded up $0.01 on Wednesday, hitting $11.31. 2,606 shares of the stock traded hands, compared to its average volume of 28,931. The company has a market capitalization of $81.32 million and a PE ratio of 377.13. Chenghe Acquisition I Co. has a 1-year low of $10.54 and a 1-year high of $11.76. The company's fifty day moving average is $11.22 and its 200 day moving average is $11.09.
Chenghe Acquisition I (NASDAQ:LATG - Get Free Report) last posted its quarterly earnings results on Tuesday, February 20th. The company reported $0.11 earnings per share (EPS) for the quarter.
About Chenghe Acquisition I
(
Free Report)
Chenghe Acquisition I Co does not have significant operations. The company focuses on effecting a merger, share exchange, share purchase, asset acquisition, reorganization, or similar business combination with one or more businesses. It intends to focus its search for an initial business combination on businesses in Latin America or Hispanic-owned businesses in the United States.
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