Shares of Cohn Robbins Holdings Corp. (NYSE:CRHC – Get Rating) gapped up prior to trading on Wednesday . The stock had previously closed at $9.17, but opened at $9.50. Cohn Robbins shares last traded at $8.90, with a volume of 2,160 shares traded.
Cohn Robbins Price Performance
The firm’s fifty day moving average price is $9.60 and its 200 day moving average price is $9.82.
Hedge Funds Weigh In On Cohn Robbins
Several hedge funds have recently modified their holdings of the stock. PenderFund Capital Management Ltd. raised its stake in Cohn Robbins by 207.7% during the fourth quarter. PenderFund Capital Management Ltd. now owns 4,000 shares of the company’s stock valued at $50,000 after purchasing an additional 2,700 shares in the last quarter. EPG Wealth Management LLC purchased a new stake in Cohn Robbins during the first quarter valued at $99,000. Private Capital Management LLC purchased a new stake in Cohn Robbins during the first quarter valued at $110,000. Havens Advisors LLC purchased a new stake in Cohn Robbins during the first quarter valued at $131,000. Finally, Springhouse Capital Management LP purchased a new stake in Cohn Robbins during the fourth quarter valued at $180,000. Hedge funds and other institutional investors own 69.99% of the company’s stock.
Cohn Robbins Company Profile
Cohn Robbins Holdings 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 was formerly known as CSR Acquisition Corp. Cohn Robbins Holdings Corp.
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