CNH Partners LLC purchased a new stake in ANDINA ACQUISIT/SH SH (NASDAQ:ANDA) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,100,000 shares of the company’s stock, valued at approximately $10,725,000. CNH Partners LLC owned 0.08% of ANDINA ACQUISIT/SH SH at the end of the most recent reporting period.

Separately, Mizuho Securities USA LLC bought a new stake in ANDINA ACQUISIT/SH SH in the 1st quarter valued at $2,730,000. 36.74% of the stock is currently owned by hedge funds and other institutional investors.

ANDINA ACQUISIT/SH SH stock traded up $0.02 during mid-day trading on Friday, reaching $9.86. The company had a trading volume of 2,201 shares, compared to its average volume of 15,756. ANDINA ACQUISIT/SH SH has a 52 week low of $9.70 and a 52 week high of $9.96.

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About ANDINA ACQUISIT/SH SH

Andina Acquisition Corp. III intends to acquire assets and businesses through a merger, capital stock exchange, stock purchase, reorganization, or business combination. The company was founded in 2016 and is based in Bogotá, Colombia.

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