Cowen AND Company LLC Trims Stock Position in Generation Asia I Acquisition Limited (NYSE:GAQ)

Cowen AND Company LLC cut its position in shares of Generation Asia I Acquisition Limited (NYSE:GAQ) by 89.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,833 shares of the company’s stock after selling 295,333 shares during the period. Cowen AND Company LLC owned approximately 0.46% of Generation Asia I Acquisition worth $403,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Tuttle Capital Management LLC purchased a new position in Generation Asia I Acquisition during the second quarter worth about $337,000. Virtu Financial LLC raised its stake in shares of Generation Asia I Acquisition by 14.1% in the 1st quarter. Virtu Financial LLC now owns 36,778 shares of the company’s stock valued at $405,000 after acquiring an additional 4,558 shares during the period. K2 Principal Fund L.P. purchased a new stake in shares of Generation Asia I Acquisition in the 1st quarter valued at approximately $2,204,000. Berkley W R Corp raised its stake in shares of Generation Asia I Acquisition by 84.8% in the 4th quarter. Berkley W R Corp now owns 368,286 shares of the company’s stock valued at $4,003,000 after acquiring an additional 169,031 shares during the period. Finally, Mizuho Securities USA LLC raised its stake in shares of Generation Asia I Acquisition by 9.7% in the 4th quarter. Mizuho Securities USA LLC now owns 590,964 shares of the company’s stock valued at $6,382,000 after acquiring an additional 52,029 shares during the period. 58.68% of the stock is owned by hedge funds and other institutional investors.

Generation Asia I Acquisition Price Performance

Generation Asia I Acquisition stock opened at $11.21 on Tuesday. The company’s 50 day simple moving average is $11.24 and its 200-day simple moving average is $11.16. Generation Asia I Acquisition Limited has a 1 year low of $10.64 and a 1 year high of $11.41.

Generation Asia I Acquisition Company Profile

Generation Asia I Acquisition Limited 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. The company was incorporated in 2021 and is based in Grand Cayman, Cayman Islands.