Hound Partners LLC Invests $2.99 Million in COVA Acquisition Corp. (OTCMKTS:COVAU)

Hound Partners LLC acquired a new position in COVA Acquisition Corp. (OTCMKTS:COVAU) in the 1st quarter, Holdings Channel reports. The firm acquired 300,000 shares of the company’s stock, valued at approximately $2,985,000.

Several other institutional investors have also added to or reduced their stakes in COVAU. Aristeia Capital LLC acquired a new stake in shares of COVA Acquisition in the first quarter worth $16,547,000. Putnam Investments LLC purchased a new position in shares of COVA Acquisition in the first quarter valued at $7,960,000. Nomura Holdings Inc. purchased a new position in shares of COVA Acquisition in the first quarter valued at $7,051,000. Radcliffe Capital Management L.P. purchased a new position in shares of COVA Acquisition in the first quarter valued at $6,468,000. Finally, Periscope Capital Inc. purchased a new position in shares of COVA Acquisition in the first quarter valued at $6,031,000.

Shares of COVAU stock traded down $0.01 on Thursday, hitting $10.09. The stock had a trading volume of 14,532 shares, compared to its average volume of 114,239. The business has a 50 day simple moving average of $10.06. COVA Acquisition Corp. has a 52-week low of $9.81 and a 52-week high of $11.00.

COVA Acquisition Company Profile

COVA Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in San Francisco, California.

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Institutional Ownership by Quarter for COVA Acquisition (OTCMKTS:COVAU)

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