Rivernorth Capital Management LLC Makes New Investment in COVA Acquisition Corp. (OTCMKTS:COVAU)

Rivernorth Capital Management LLC acquired a new position in shares of COVA Acquisition Corp. (OTCMKTS:COVAU) during the 1st quarter, Holdings Channel reports. The firm acquired 25,000 shares of the company’s stock, valued at approximately $249,000.

Other hedge funds have also bought and sold shares of the company. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in COVA Acquisition during the 1st quarter worth approximately $1,493,000. Sculptor Capital LP acquired a new position in shares of COVA Acquisition in the 1st quarter worth approximately $995,000. Sage Mountain Advisors LLC acquired a new position in shares of COVA Acquisition in the 1st quarter worth approximately $635,000. Periscope Capital Inc. acquired a new position in shares of COVA Acquisition in the 1st quarter worth approximately $6,031,000. Finally, Walleye Capital LLC acquired a new position in shares of COVA Acquisition in the 1st quarter worth approximately $299,000.

Shares of COVAU opened at $10.09 on Thursday. The business has a 50 day moving average price of $10.06. COVA Acquisition Corp. has a 52 week low of $9.81 and a 52 week high of $11.00.

About COVA Acquisition

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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