Wolverine Asset Management LLC Reduces Holdings in Blue Ocean Acquisition Corp. (NASDAQ:BOCN)

Wolverine Asset Management LLC decreased its stake in shares of Blue Ocean Acquisition Corp. (NASDAQ:BOCN) by 14.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 159,571 shares of the company’s stock after selling 26,086 shares during the period. Wolverine Asset Management LLC owned approximately 2.42% of Blue Ocean Acquisition worth $1,843,000 as of its most recent SEC filing.

Separately, Berkley W R Corp boosted its holdings in shares of Blue Ocean Acquisition by 83.4% during the 1st quarter. Berkley W R Corp now owns 548,805 shares of the company’s stock valued at $6,064,000 after buying an additional 249,576 shares in the last quarter.

Blue Ocean Acquisition Price Performance

Shares of NASDAQ BOCN opened at $11.48 on Tuesday. Blue Ocean Acquisition Corp. has a 1 year low of $10.74 and a 1 year high of $11.70. The firm has a 50-day moving average of $11.45 and a 200 day moving average of $11.28.

Blue Ocean Acquisition Profile

Blue Ocean Acquisition Corp. does not have significant operations. It 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 intends to focus within the consumer Internet sector in segments, such as online marketplaces, education and advertising technology, and direct-to-consumer e-commerce businesses in Asia, Latin America, and North America.