Glazer Capital LLC Increases Position in Twin Ridge Capital Acquisition Corp. (NYSE:TRCA)
WED., JUNE 14, 2023|MARKETBEAT
Glazer Capital LLC raised its holdings in shares of Twin Ridge Capital Acquisition Corp. (NYSE:TRCA - Get Rating) by 13.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,874,771 shares of the company's stock after acquiring an additional 216,375 shares during the quarter. Glazer Capital LLC owned approximately 7.04% of Twin Ridge Capital Acquisition worth $18,916,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE purchased a new position in Twin Ridge Capital Acquisition during the 1st quarter valued at about $79,000. Weiss Asset Management LP acquired a new stake in shares of Twin Ridge Capital Acquisition during the 3rd quarter worth about $991,000. Basso Capital Management L.P. acquired a new stake in shares of Twin Ridge Capital Acquisition during the 1st quarter worth about $1,991,000. Saba Capital Management L.P. boosted its stake in shares of Twin Ridge Capital Acquisition by 48.9% during the 1st quarter. Saba Capital Management L.P. now owns 223,389 shares of the company's stock worth $2,187,000 after purchasing an additional 73,389 shares during the last quarter. Finally, First Trust Capital Management L.P. acquired a new stake in shares of Twin Ridge Capital Acquisition during the 4th quarter worth about $2,585,000. 72.56% of the stock is currently owned by hedge funds and other institutional investors.
