Berkley W R Corp Has $6.06 Million Stock Position in Blue Ocean Acquisition Corp. (NASDAQ:BOCN)

Berkley W R Corp increased its position in shares of Blue Ocean Acquisition Corp. (NASDAQ:BOCN) by 83.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 548,805 shares of the company’s stock after acquiring an additional 249,576 shares during the quarter. Berkley W R Corp owned 8.91% of Blue Ocean Acquisition worth $6,064,000 as of its most recent SEC filing.

Separately, Glazer Capital LLC raised its stake in Blue Ocean Acquisition by 2.1% during the 4th quarter. Glazer Capital LLC now owns 588,859 shares of the company’s stock valued at $6,330,000 after purchasing an additional 12,290 shares during the period.

Blue Ocean Acquisition Price Performance

Shares of Blue Ocean Acquisition stock remained flat at $11.24 during midday trading on Monday. The stock had a trading volume of 1 shares, compared to its average volume of 45,844. Blue Ocean Acquisition Corp. has a 1-year low of $10.61 and a 1-year high of $11.41. The company’s fifty day simple moving average is $11.17 and its 200-day simple moving average is $11.05.

About Blue Ocean Acquisition

Blue Ocean Acquisition 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 intends to focus within the consumer Internet sector in segments, such as online marketplaces, education and advertising technology, and direct-to-consumer e-commerce businesses in Asia, Latin America, and North America.