Rivernorth Capital Management LLC Buys New Shares in ITHAX Acquisition Corp. (OTCMKTS:ITHXU)

Rivernorth Capital Management LLC bought a new stake in ITHAX Acquisition Corp. (OTCMKTS:ITHXU) in the 1st quarter, Holdings Channel.com reports. The fund bought 25,000 shares of the company’s stock, valued at approximately $251,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Alyeska Investment Group L.P. acquired a new position in ITHAX Acquisition in the first quarter valued at $561,000. Citadel Advisors LLC acquired a new stake in ITHAX Acquisition during the first quarter worth about $1,569,000. Covalis Capital LLP acquired a new stake in ITHAX Acquisition during the first quarter worth about $501,000. Owl Creek Asset Management L.P. acquired a new stake in ITHAX Acquisition during the first quarter worth about $200,000. Finally, Radcliffe Capital Management L.P. acquired a new stake in ITHAX Acquisition during the first quarter worth about $6,247,000.

Shares of OTCMKTS:ITHXU opened at $9.98 on Thursday. The stock’s 50-day moving average price is $9.96. ITHAX Acquisition Corp. has a 12 month low of $9.75 and a 12 month high of $10.45.

ITHAX Acquisition Profile

Ithax Acquisition Corp. is a blank check company. The company was incorporated in 2020 and is based in New York, New York.

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Institutional Ownership by Quarter for ITHAX Acquisition (OTCMKTS:ITHXU)

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