Walleye Capital LLC bought a new stake in Burtech Acquisition Corp. (NASDAQ:BRKH – Get Rating) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 248,332 shares of the company's stock, valued at approximately $2,456,000. Walleye Capital LLC owned approximately 2.30% of Burtech Acquisition at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Walleye Trading LLC bought a new stake in shares of Burtech Acquisition during the 1st quarter worth about $1,104,000. Glazer Capital LLC bought a new stake in shares of Burtech Acquisition during the 1st quarter worth about $642,000. Radcliffe Capital Management L.P. bought a new stake in shares of Burtech Acquisition during the 1st quarter worth about $1,484,000. Saba Capital Management L.P. bought a new stake in shares of Burtech Acquisition during the 1st quarter worth about $19,164,000. Finally, Fir Tree Capital Management LP bought a new stake in shares of Burtech Acquisition during the 1st quarter worth about $4,950,000.

Burtech Acquisition Trading Down 0.2 %

BRKH opened at $9.97 on Friday. The stock has a 50-day moving average of $9.97 and a 200-day moving average of $9.93. Burtech Acquisition Corp. has a 52-week low of $9.80 and a 52-week high of $10.02.

Burtech Acquisition Company Profile

Burtech Acquisition Corp. does not have significant operations. The company focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire a business, which operates in the retail, lifestyle, hospitality, technology, and real estate markets.

Further Reading

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