Tidal Investments LLC Trims Position in bleuacacia ltd (NASDAQ:BLEU)

Tidal Investments LLC trimmed its stake in bleuacacia ltd (NASDAQ:BLEU) by 52.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,525 shares of the company’s stock after selling 13,660 shares during the period. Tidal Investments LLC’s holdings in bleuacacia were worth $137,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Quarry LP purchased a new stake in shares of bleuacacia in the second quarter valued at approximately $300,000. 13.89% of the stock is owned by institutional investors.

bleuacacia Price Performance

Shares of NASDAQ:BLEU opened at $11.03 on Thursday. The business’s 50 day moving average is $11.05 and its 200 day moving average is $10.92. The stock has a market cap of $83.39 million, a P/E ratio of 58.05 and a beta of 0.01. bleuacacia ltd has a 52-week low of $10.55 and a 52-week high of $11.59.

bleuacacia Company Profile

bleuacacia ltd does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to identify business opportunities in the field of premium branded consumer retail.