Centiva Capital LP bought a new stake in Accretion Acquisition Corp. (NASDAQ:ENER – Get Rating) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 74,116 shares of the company's stock, valued at approximately $730,000. Centiva Capital LP owned approximately 0.29% of Accretion Acquisition at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in ENER. Picton Mahoney Asset Management bought a new position in Accretion Acquisition in the first quarter valued at $3,264,000. Bank of Montreal Can acquired a new stake in Accretion Acquisition in the first quarter valued at $358,000. Granby Capital Management LLC acquired a new stake in Accretion Acquisition in the first quarter valued at $245,000. Rivernorth Capital Management LLC lifted its stake in Accretion Acquisition by 76.2% in the first quarter. Rivernorth Capital Management LLC now owns 174,998 shares of the company's stock valued at $1,718,000 after acquiring an additional 75,700 shares during the last quarter. Finally, Saba Capital Management L.P. lifted its stake in Accretion Acquisition by 28.5% in the first quarter. Saba Capital Management L.P. now owns 1,237,475 shares of the company's stock valued at $12,127,000 after acquiring an additional 274,085 shares during the last quarter. Institutional investors own 68.51% of the company's stock.

Accretion Acquisition Trading Up 0.4 %

Shares of ENER stock opened at $10.05 on Tuesday. The company has a fifty day moving average price of $9.97 and a two-hundred day moving average price of $9.91. Accretion Acquisition Corp. has a one year low of $9.69 and a one year high of $10.49.

Accretion Acquisition Company Profile

Accretion Acquisition Corp. does not have significant operations. It focuses on entering a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the energy value chain, including upstream, water management, gas and vapor capture, energy transition related systems, midstream, oil and gas-related software, commodity risk management, or oil and gas services.

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