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1,703,300 Shares in Crescera Capital Acquisition Corp. (NASDAQ:CREC) Acquired by Saba Capital Management L.P.

Financial News Live ·  Aug 7, 2022 10:41

Saba Capital Management L.P. bought a new position in shares of Crescera Capital Acquisition Corp. (NASDAQ:CREC – Get Rating) during the 1st quarter, HoldingsChannel.com reports. The fund bought 1,703,300 shares of the company's stock, valued at approximately $16,854,000. Saba Capital Management L.P. owned approximately 0.25% of Crescera Capital Acquisition at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in CREC. Berkley W R Corp purchased a new stake in shares of Crescera Capital Acquisition during the first quarter worth approximately $244,000. UBS Group AG purchased a new stake in shares of Crescera Capital Acquisition during the first quarter worth approximately $247,000. Bank of Montreal Can purchased a new stake in shares of Crescera Capital Acquisition during the 1st quarter worth $247,000. OMERS ADMINISTRATION Corp purchased a new stake in shares of Crescera Capital Acquisition during the 1st quarter worth $348,000. Finally, Prelude Capital Management LLC purchased a new stake in shares of Crescera Capital Acquisition during the 1st quarter worth $495,000. 99.00% of the stock is owned by hedge funds and other institutional investors.

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Crescera Capital Acquisition Price Performance

Shares of Crescera Capital Acquisition stock traded down $0.02 during trading on Friday, hitting $9.97. 27,936 shares of the stock were exchanged, compared to its average volume of 59,322. The firm's 50-day moving average price is $9.94 and its 200 day moving average price is $9.91. Crescera Capital Acquisition Corp. has a 12-month low of $9.79 and a 12-month high of $9.99.

Crescera Capital Acquisition Company Profile

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Crescera Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses in technology, healthcare, education services, consumer, and retail sectors in Latin America.

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Want to see what other hedge funds are holding CREC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Crescera Capital Acquisition Corp. (NASDAQ:CREC – Get Rating).

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