Harraden Circle Investments LLC Invests $562,000 in Blue Acquisition Corp/Cayman $BACCU

Harraden Circle Investments LLC bought a new position in Blue Acquisition Corp/Cayman (NASDAQ:BACCU) during the second quarter, Holdings Channel reports. The fund bought 50,000 shares of the company’s stock, valued at approximately $562,000.

Separately, Clear Street Group Inc. boosted its position in shares of Blue Acquisition Corp/Cayman by 57.3% in the 4th quarter. Clear Street Group Inc. now owns 119,235 shares of the company’s stock valued at $1,254,000 after purchasing an additional 43,439 shares during the period.

Blue Acquisition Corp/Cayman Stock Performance

NASDAQ:BACCU opened at $10.89 on Friday. The stock has a fifty day simple moving average of $11.22 and a 200 day simple moving average of $10.80. Blue Acquisition Corp/Cayman has a 1-year low of $10.08 and a 1-year high of $11.75.

Blue Acquisition Corp/Cayman Profile

Blue Acquisition Corp/Cayman (NASDAQ: BACCU) is a special purpose acquisition company (SPAC) formed as an exempted company under the laws of the Cayman Islands and listed on the NASDAQ Stock Market. The company has issued units under the BACCU ticker and, like other SPACs, was created to raise capital through an initial public offering for the purpose of effecting a business combination.

As a blank‑check acquisition vehicle, Blue Acquisition Corp does not operate commercial businesses or sell products or services.