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Aristeia Capital LLC Takes $4.49 Million Position in Feutune Light Acquisition Co. (NASDAQ:FLFV)

Financial News Live ·  Feb 23, 2023 11:53

Aristeia Capital LLC purchased a new stake in shares of Feutune Light Acquisition Co. (NASDAQ:FLFV – Get Rating) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 450,000 shares of the company's stock, valued at approximately $4,491,000. Aristeia Capital LLC owned approximately 3.52% of Feutune Light Acquisition at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Boothbay Fund Management LLC bought a new position in shares of Feutune Light Acquisition during the third quarter valued at $6,409,000. Dakota Wealth Management purchased a new stake in shares of Feutune Light Acquisition during the third quarter valued at $192,000. Wolverine Asset Management LLC purchased a new stake in shares of Feutune Light Acquisition during the third quarter valued at $544,000. Bank of Montreal Can purchased a new stake in shares of Feutune Light Acquisition during the third quarter valued at $1,587,000. Finally, Warberg Asset Management LLC purchased a new stake in shares of Feutune Light Acquisition during the third quarter valued at $248,000. 61.94% of the stock is currently owned by institutional investors.

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Feutune Light Acquisition Stock Performance

Feutune Light Acquisition stock opened at $10.31 on Thursday. Feutune Light Acquisition Co. has a one year low of $9.91 and a one year high of $10.75. The firm's fifty day simple moving average is $10.23.

Feutune Light Acquisition Company Profile

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Feutune Light Acquisition Corporation focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2022 and is based in Metuchen, New Jersey.

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