Highbridge Capital Management LLC trimmed its holdings in shares of Acamar Partners Acquisition Corp. (OTCMKTS:ACAMU) by 32.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 1,017,132 shares of the company’s stock after selling 482,868 shares during the quarter. Highbridge Capital Management LLC’s holdings in Acamar Partners Acquisition were worth $10,167,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the business. The Manufacturers Life Insurance Company bought a new position in shares of Acamar Partners Acquisition in the 1st quarter worth $22,511,000. Fortress Investment Group LLC bought a new position in Acamar Partners Acquisition during the 1st quarter valued at $14,000,000. CNH Partners LLC bought a new position in Acamar Partners Acquisition during the 1st quarter valued at $22,500,000. Marshall Wace LLP bought a new position in Acamar Partners Acquisition during the 1st quarter valued at $7,000,000. Finally, Weiss Asset Management LP bought a new position in Acamar Partners Acquisition during the 1st quarter valued at $2,000,000.
OTCMKTS:ACAMU traded down $0.05 during trading hours on Friday, hitting $10.05. The firm’s 50 day moving average is $10.03. Acamar Partners Acquisition Corp. has a fifty-two week low of $9.95 and a fifty-two week high of $10.15.
About Acamar Partners Acquisition
Acamar Partners Acquisition Corp. is a blank check company that engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination with one or more businesses. The company was founded in 2018 and is based in Miami, Florida.
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