Bowen Acquisition Corp (NASDAQ:BOWN – Get Free Report) shares traded down 9.9% on Friday . The stock traded as low as $3.93 and last traded at $3.93. 4,617 shares changed hands during trading, a decline of 83% from the average session volume of 27,586 shares. The stock had previously closed at $4.36.
Bowen Acquisition Trading Down 9.9 %
The stock’s fifty day simple moving average is $5.52 and its 200-day simple moving average is $8.99.
Institutional Trading of Bowen Acquisition
Several hedge funds have recently modified their holdings of BOWN. Geode Capital Management LLC purchased a new position in Bowen Acquisition in the fourth quarter worth approximately $137,000. Virtu Financial LLC purchased a new stake in shares of Bowen Acquisition in the 4th quarter valued at approximately $798,000. Yakira Capital Management Inc. acquired a new stake in shares of Bowen Acquisition in the 4th quarter valued at $923,000. Quarry LP purchased a new stake in shares of Bowen Acquisition during the 3rd quarter worth $915,000. Finally, Picton Mahoney Asset Management acquired a new position in shares of Bowen Acquisition during the fourth quarter worth $1,368,000. 59.34% of the stock is currently owned by institutional investors and hedge funds.
About Bowen Acquisition
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