Cowen Inc. grew its position in shares of Matlin & Partners Acquisition Corp (NASDAQ:MPACU) by 13.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 697,716 shares of the company’s stock after purchasing an additional 85,300 shares during the period. Cowen Inc.’s holdings in Matlin & Partners Acquisition were worth $7,082,000 as of its most recent SEC filing.
Separately, The Manufacturers Life Insurance Company grew its position in shares of Matlin & Partners Acquisition by 1.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 716,027 shares of the company’s stock worth $7,196,000 after buying an additional 11,019 shares in the last quarter.
Shares of MPACU stock traded down $0.01 during mid-day trading on Friday, reaching $10.24. 100 shares of the company were exchanged, compared to its average volume of 10,391. Matlin & Partners Acquisition Corp has a fifty-two week low of $10.00 and a fifty-two week high of $11.00.
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About Matlin & Partners Acquisition
Matlin & Partners Acquisition Corporation is a blank check company. The Company was formed for the purpose of a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company has not identified any business combination target.
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