Athos Capital Ltd raised its holdings in Bridgetown Holdings Limited (NASDAQ:BTWN) by 302.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 201,088 shares of the company’s stock after buying an additional 151,088 shares during the period. Athos Capital Ltd’s holdings in Bridgetown were worth $2,035,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Blackstone Group Inc. acquired a new stake in Bridgetown in the 1st quarter valued at $1,085,000. Penserra Capital Management LLC acquired a new stake in Bridgetown in the 1st quarter valued at $344,000. Alpine Global Management LLC acquired a new stake in Bridgetown in the 1st quarter valued at $720,000. First Horizon Advisors Inc. acquired a new stake in Bridgetown in the 1st quarter valued at $30,000. Finally, Panagora Asset Management Inc. acquired a new stake in Bridgetown in the 1st quarter valued at $61,000. Hedge funds and other institutional investors own 21.79% of the company’s stock.
Shares of Bridgetown stock traded up $0.01 during trading on Thursday, hitting $9.81. 2,586 shares of the stock were exchanged, compared to its average volume of 1,249,452. The company has a fifty day moving average price of $9.82 and a 200-day moving average price of $10.32. Bridgetown Holdings Limited has a 1-year low of $9.71 and a 1-year high of $25.84.
Bridgetown Holdings Limited focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the technology, financial services, or media sectors. The company was founded in 2020 and is based in Central, Hong Kong.
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