Myriad Asset Management Ltd. decreased its holdings in Boxwood Merger Corp. Units (OTCMKTS:BWMCU) by 62.5% in the 1st quarter, HoldingsChannel reports. The fund owned 150,000 shares of the company’s stock after selling 250,000 shares during the quarter. Myriad Asset Management Ltd.’s holdings in Boxwood Merger Corp. Units were worth $1,510,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Stifel Financial Corp acquired a new position in shares of Boxwood Merger Corp. Units in the fourth quarter worth $298,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Boxwood Merger Corp. Units in the fourth quarter worth $993,000. HGC Investment Management Inc. purchased a new stake in shares of Boxwood Merger Corp. Units during the 4th quarter worth $993,000. Citigroup Inc. purchased a new stake in shares of Boxwood Merger Corp. Units during the 4th quarter worth $1,936,000. Finally, Periscope Capital Inc. lifted its position in shares of Boxwood Merger Corp. Units by 7.4% during the 1st quarter. Periscope Capital Inc. now owns 216,400 shares of the company’s stock worth $2,183,000 after purchasing an additional 15,000 shares during the last quarter.
Shares of Boxwood Merger Corp. Units stock traded up $0.05 during trading on Wednesday, hitting $10.15. 7,890 shares of the stock were exchanged, compared to its average volume of 72,941. Boxwood Merger Corp. Units has a 12-month low of $9.35 and a 12-month high of $10.16.
Boxwood Merger Corp. operates as a blank check company that focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, recapitalization, and business combination with various businesses. Boxwood Merger Corp. was formerly known as M Acquisition Company III Corporation and changed its name to Boxwood Merger Corp.
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