Shaolin Capital Management LLC Grows Position in Benessere Capital Acquisition Corp. (NASDAQ:BENE)

Shaolin Capital Management LLC increased its position in shares of Benessere Capital Acquisition Corp. (NASDAQ:BENE) by 56.3% in the second quarter, Holdings Channel.com reports. The firm owned 833,208 shares of the company’s stock after purchasing an additional 300,001 shares during the quarter. Shaolin Capital Management LLC owned about 0.06% of Benessere Capital Acquisition worth $8,332,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Vivaldi Capital Management LLC purchased a new position in shares of Benessere Capital Acquisition during the 1st quarter worth about $117,000. Saba Capital Management L.P. purchased a new position in shares of Benessere Capital Acquisition during the 1st quarter worth about $155,000. Nomura Holdings Inc. purchased a new position in shares of Benessere Capital Acquisition during the 1st quarter worth about $249,000. Verition Fund Management LLC purchased a new position in shares of Benessere Capital Acquisition during the 1st quarter worth about $341,000. Finally, Context Capital Management LLC purchased a new position in shares of Benessere Capital Acquisition during the 1st quarter worth about $415,000. 74.66% of the stock is owned by hedge funds and other institutional investors.

Benessere Capital Acquisition stock traded down $0.02 during trading hours on Thursday, hitting $10.07. The company had a trading volume of 2,490 shares, compared to its average volume of 53,836. Benessere Capital Acquisition Corp. has a 1 year low of $9.84 and a 1 year high of $10.43. The company has a 50-day moving average price of $10.04 and a two-hundred day moving average price of $10.02.

Benessere Capital Acquisition Profile

Benessere Capital Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Miami, Florida.

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Institutional Ownership by Quarter for Benessere Capital Acquisition (NASDAQ:BENE)

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