Glazer Capital LLC lowered its position in shares of DiamondHead Holdings Corp. (OTCMKTS:DHHCU) by 18.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 637,705 shares of the company’s stock after selling 143,480 shares during the period. Glazer Capital LLC’s holdings in DiamondHead were worth $6,371,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Condor Capital Management bought a new stake in DiamondHead during the second quarter worth about $30,000. Ratan Capital Management LP bought a new stake in DiamondHead during the first quarter worth about $99,000. Wealthspring Capital LLC bought a new stake in DiamondHead during the first quarter worth about $107,000. Walleye Capital LLC bought a new stake in DiamondHead during the first quarter worth about $117,000. Finally, Owl Creek Asset Management L.P. bought a new stake in DiamondHead during the first quarter worth about $124,000.
DHHCU stock remained flat at $$9.90 during mid-day trading on Thursday. The firm has a fifty day moving average of $9.89 and a 200-day moving average of $9.96. DiamondHead Holdings Corp. has a 52-week low of $9.73 and a 52-week high of $11.68.
DiamondHead Holdings Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
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