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Anzu Special Acquisition Corp I (NASDAQ:ANZU) Sets New 52-Week High at $10.05

Financial News Live ·  Jan 4, 2023 12:32

Shares of Anzu Special Acquisition Corp I (NASDAQ:ANZU – Get Rating) reached a new 52-week high on Wednesday . The company traded as high as $10.05 and last traded at $10.04, with a volume of 300 shares traded. The stock had previously closed at $10.02.

Anzu Special Acquisition Corp I Stock Up 0.2 %

The company's fifty day moving average is $9.96 and its two-hundred day moving average is $9.87.

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Institutional Investors Weigh In On Anzu Special Acquisition Corp I

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new position in shares of Anzu Special Acquisition Corp I during the third quarter worth $1,986,000. BNP Paribas Arbitrage SNC purchased a new position in shares of Anzu Special Acquisition Corp I in the 3rd quarter valued at about $8,374,000. Saba Capital Management L.P. increased its holdings in shares of Anzu Special Acquisition Corp I by 10.1% in the 3rd quarter. Saba Capital Management L.P. now owns 1,358,792 shares of the company's stock valued at $13,343,000 after acquiring an additional 125,000 shares during the last quarter. First Trust Capital Management L.P. lifted its stake in Anzu Special Acquisition Corp I by 471.6% during the third quarter. First Trust Capital Management L.P. now owns 354,938 shares of the company's stock worth $3,485,000 after purchasing an additional 292,838 shares during the last quarter. Finally, BlueCrest Capital Management Ltd acquired a new position in Anzu Special Acquisition Corp I in the third quarter valued at approximately $2,946,000. 69.40% of the stock is currently owned by institutional investors and hedge funds.

Anzu Special Acquisition Corp I Company Profile

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Anzu Special Acquisition Corp I does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of industrial applications.

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