Bowen Acquisition Corp (NASDAQ:BOWN – Get Free Report) shares shot up 0.1% during mid-day trading on Friday . The company traded as high as $10.50 and last traded at $10.50. 113,367 shares traded hands during trading, an increase of 189% from the average session volume of 39,183 shares. The stock had previously closed at $10.49.
Bowen Acquisition Trading Up 0.1 %
The business has a 50-day moving average of $10.45 and a 200-day moving average of $10.36.
Institutional Trading of Bowen Acquisition
A number of institutional investors and hedge funds have recently made changes to their positions in BOWN. Periscope Capital Inc. acquired a new stake in shares of Bowen Acquisition in the third quarter worth about $5,812,000. Westchester Capital Management LLC bought a new position in shares of Bowen Acquisition in the third quarter worth about $2,501,000. Cowen AND Company LLC bought a new position in shares of Bowen Acquisition in the third quarter worth about $2,780,000. Karpus Management Inc. bought a new position in shares of Bowen Acquisition in the third quarter worth about $2,371,000. Finally, Warberg Asset Management LLC bought a new position in shares of Bowen Acquisition in the third quarter worth about $102,000. Institutional investors and hedge funds own 59.34% of the company’s stock.
About Bowen Acquisition
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