DiamondHead Holdings Corp. (NASDAQ:DHHC – Get Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $6.27 and last traded at $6.27, with a volume of 13525 shares. The stock had previously closed at $6.41.
DiamondHead Trading Up 1.9 %
The company’s 50 day moving average price is $7.40 and its 200 day moving average price is $7.58.
Institutional Trading of DiamondHead
A number of institutional investors and hedge funds have recently added to or reduced their stakes in DHHC. Sculptor Capital LP raised its position in DiamondHead by 71.8% during the 1st quarter. Sculptor Capital LP now owns 893,042 shares of the company’s stock worth $8,742,000 after buying an additional 373,321 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of DiamondHead by 32.2% in the first quarter. Hsbc Holdings PLC now owns 772,912 shares of the company’s stock worth $7,575,000 after acquiring an additional 188,241 shares during the period. Balyasny Asset Management LLC raised its holdings in shares of DiamondHead by 159.3% during the third quarter. Balyasny Asset Management LLC now owns 406,980 shares of the company’s stock worth $4,017,000 after purchasing an additional 250,000 shares during the last quarter. Parallax Volatility Advisers L.P. acquired a new position in DiamondHead during the second quarter valued at $3,656,000. Finally, Glazer Capital LLC boosted its holdings in DiamondHead by 3.7% in the fourth quarter. Glazer Capital LLC now owns 205,152 shares of the company’s stock valued at $2,062,000 after purchasing an additional 7,252 shares during the last quarter. Institutional investors and hedge funds own 74.00% of the company’s stock.
About DiamondHead
DiamondHead Holdings Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
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