Blue Water Acquisition Corp. III (NASDAQ:BLUWU – Get Free Report)’s share price traded up 2.3% on Wednesday . The stock traded as high as $10.50 and last traded at $10.7440. 110 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 1,769 shares. The stock had previously closed at $10.50.
Blue Water Acquisition Corp. III Stock Up 2.3%
The stock’s fifty day simple moving average is $10.62 and its 200-day simple moving average is $10.56.
Institutional Investors Weigh In On Blue Water Acquisition Corp. III
Several institutional investors have recently made changes to their positions in the stock. Schonfeld Strategic Advisors LLC acquired a new stake in Blue Water Acquisition Corp. III during the third quarter worth approximately $100,000. Susquehanna International Group LLP acquired a new position in Blue Water Acquisition Corp. III in the 3rd quarter valued at $158,000. Jane Street Group LLC acquired a new position in Blue Water Acquisition Corp. III in the 2nd quarter valued at $197,000. Anson Funds Management LP bought a new stake in shares of Blue Water Acquisition Corp. III during the 4th quarter valued at $1,055,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Blue Water Acquisition Corp. III during the 2nd quarter valued at $1,501,000.
About Blue Water Acquisition Corp. III
Blue Water Acquisition Corp. III is a special purpose acquisition company (SPAC) incorporated in Delaware in March 2021 and listed on the Nasdaq under the ticker symbol BLUWU. As a blank‐check company, its primary objective is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities.
The company is sponsored by affiliates of Blue Water Acquisition Holdings III LLC and seeks to leverage its management team’s experience to target opportunities in sectors such as financial technology, consumer products and services, and business services.
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