Karpus Management Inc. Has $10.78 Million Stock Position in Black Hawk Acquisition Corporation $BKHA

Karpus Management Inc. lowered its stake in shares of Black Hawk Acquisition Corporation (NASDAQ:BKHA – Free Report) by 4.2% during the second quarter, Holdings Channel reports. The fund owned 1,014,329 shares of the company’s stock after selling 44,600 shares during the period. Karpus Management Inc. owned approximately 0.11% of Black Hawk Acquisition worth $10,782,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Clear Street LLC lifted its position in shares of Black Hawk Acquisition by 5.3% during the second quarter. Clear Street LLC now owns 51,600 shares of the company’s stock worth $548,000 after purchasing an additional 2,600 shares in the last quarter. Wolverine Asset Management LLC increased its holdings in shares of Black Hawk Acquisition by 0.9% in the second quarter. Wolverine Asset Management LLC now owns 354,549 shares of the company’s stock valued at $3,765,000 after purchasing an additional 3,019 shares in the last quarter. Gabelli Funds LLC bought a new position in Black Hawk Acquisition in the 1st quarter worth approximately $237,000. Finally, Westchester Capital Management LLC bought a new position in Black Hawk Acquisition in the 1st quarter worth approximately $3,162,000.

Black Hawk Acquisition Stock Up 3.0%

Shares of BKHA stock opened at $11.53 on Friday. The firm’s 50 day moving average price is $11.26 and its two-hundred day moving average price is $11.02. Black Hawk Acquisition Corporation has a 52-week low of $10.34 and a 52-week high of $11.95.

Black Hawk Acquisition (NASDAQ:BKHA – Get Free Report) last posted its quarterly earnings results on Tuesday, October 21st. The company reported $0.03 earnings per share for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Black Hawk Acquisition in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

Check Out Our Latest Research Report on Black Hawk Acquisition

About Black Hawk Acquisition

(Free Report)

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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