Wolverine Asset Management LLC Increases Stake in Cayson Acquisition Corp $CAPN

Wolverine Asset Management LLC lifted its holdings in Cayson Acquisition Corp (NASDAQ:CAPNFree Report) by 10.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 571,280 shares of the company’s stock after buying an additional 56,173 shares during the period. Wolverine Asset Management LLC owned approximately 0.07% of Cayson Acquisition worth $5,896,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Westchester Capital Management LLC purchased a new position in Cayson Acquisition in the 1st quarter worth approximately $3,315,000. Polar Asset Management Partners Inc. acquired a new stake in shares of Cayson Acquisition in the first quarter valued at approximately $2,805,000. Finally, Mizuho Securities USA LLC lifted its position in Cayson Acquisition by 9.1% during the first quarter. Mizuho Securities USA LLC now owns 704,000 shares of the company’s stock worth $7,110,000 after buying an additional 59,000 shares in the last quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Cayson Acquisition in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

View Our Latest Stock Analysis on Cayson Acquisition

Cayson Acquisition Stock Down 0.5%

CAPN stock opened at $10.52 on Friday. The business’s 50-day moving average is $10.44 and its two-hundred day moving average is $10.34. Cayson Acquisition Corp has a 1 year low of $9.96 and a 1 year high of $10.58.

Cayson Acquisition Profile

(Free Report)

Cayson Acquisition Corp is a blank check company. It formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Cayson Acquisition Corp is based in NEW YORK.

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Institutional Ownership by Quarter for Cayson Acquisition (NASDAQ:CAPN)

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