Wolverine Asset Management LLC Raises Stock Position in Black Hawk Acquisition Co. (NASDAQ:BKHA)

Wolverine Asset Management LLC raised its stake in Black Hawk Acquisition Co. (NASDAQ:BKHA) by 13.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 113,243 shares of the company’s stock after buying an additional 13,243 shares during the period. Wolverine Asset Management LLC owned approximately 1.27% of Black Hawk Acquisition worth $1,158,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. SkyView Investment Advisors LLC purchased a new position in shares of Black Hawk Acquisition during the 2nd quarter worth approximately $103,000. TrueMark Investments LLC purchased a new position in shares of Black Hawk Acquisition during the 2nd quarter worth approximately $200,000. Clear Street LLC purchased a new stake in Black Hawk Acquisition in the 2nd quarter worth approximately $531,000. Cowen AND Company LLC purchased a new stake in Black Hawk Acquisition in the 2nd quarter worth approximately $544,000. Finally, Warberg Asset Management LLC purchased a new stake in Black Hawk Acquisition in the 2nd quarter worth approximately $752,000.

Black Hawk Acquisition Price Performance

BKHA stock opened at $10.37 on Wednesday. Black Hawk Acquisition Co. has a one year low of $10.09 and a one year high of $10.46. The stock has a 50 day moving average price of $10.26.

About Black Hawk Acquisition

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.