Cohn Robbins Holdings Corp. (NYSE:CRHC – Get Rating) shares gapped up before the market opened on Thursday . The stock had previously closed at $9.13, but opened at $9.40. Cohn Robbins shares last traded at $9.00, with a volume of 1,400 shares changing hands.

Cohn Robbins Stock Performance

The company's 50 day moving average price is $9.84 and its 200 day moving average price is $9.90.

Hedge Funds Weigh In On Cohn Robbins

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Centiva Capital LP bought a new position in Cohn Robbins in the second quarter valued at approximately $3,501,000. Davidson Kempner Capital Management LP boosted its stake in Cohn Robbins by 24.0% in the second quarter. Davidson Kempner Capital Management LP now owns 516,787 shares of the company's stock valued at $5,137,000 after acquiring an additional 100,000 shares during the last quarter. Berkley W R Corp boosted its stake in Cohn Robbins by 3.1% in the second quarter. Berkley W R Corp now owns 955,081 shares of the company's stock valued at $9,494,000 after acquiring an additional 28,883 shares during the last quarter. Springhouse Capital Management LP bought a new position in Cohn Robbins in the second quarter valued at approximately $507,000. Finally, Kohlberg Kravis Roberts & Co. L.P. boosted its stake in Cohn Robbins by 27.4% in the second quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 519,377 shares of the company's stock valued at $5,163,000 after acquiring an additional 111,790 shares during the last quarter. 69.99% of the stock is owned by institutional investors.

About Cohn Robbins

Cohn Robbins Holdings Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was formerly known as CSR Acquisition Corp. Cohn Robbins Holdings Corp.

Further Reading

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