Picton Mahoney Asset Management Acquires New Shares in Bowen Acquisition Corp (NASDAQ:BOWN)

Picton Mahoney Asset Management purchased a new position in Bowen Acquisition Corp (NASDAQ:BOWN) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 125,000 shares of the company’s stock, valued at approximately $1,368,000. Picton Mahoney Asset Management owned approximately 1.36% of Bowen Acquisition at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Quarry LP bought a new stake in shares of Bowen Acquisition in the third quarter worth about $915,000. Wolverine Asset Management LLC increased its holdings in shares of Bowen Acquisition by 66.8% in the fourth quarter. Wolverine Asset Management LLC now owns 468,382 shares of the company’s stock worth $5,115,000 after acquiring an additional 187,661 shares in the last quarter. Finally, HGC Investment Management Inc. bought a new stake in shares of Bowen Acquisition in the third quarter worth about $4,323,000. 59.34% of the stock is currently owned by institutional investors.

Bowen Acquisition Stock Performance

Shares of Bowen Acquisition stock opened at $3.93 on Friday. Bowen Acquisition Corp has a 1 year low of $2.71 and a 1 year high of $11.00. The business has a 50-day moving average of $5.52 and a two-hundred day moving average of $8.98.

About Bowen Acquisition