Distoken Acquisition Co. (NASDAQ:DIST) Stock Position Raised by Mizuho Securities USA LLC

Mizuho Securities USA LLC increased its stake in Distoken Acquisition Co. (NASDAQ:DIST) by 1.0% during the third quarter, HoldingsChannel.com reports. The fund owned 265,155 shares of the company’s stock after buying an additional 2,600 shares during the period. Mizuho Securities USA LLC’s holdings in Distoken Acquisition were worth $2,864,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. K2 Principal Fund L.P. purchased a new stake in shares of Distoken Acquisition in the 2nd quarter valued at approximately $1,227,000. Clear Street LLC raised its stake in Distoken Acquisition by 9,908.7% during the 2nd quarter. Clear Street LLC now owns 112,898 shares of the company’s stock valued at $1,217,000 after purchasing an additional 111,770 shares during the period. Berkley W R Corp lifted its holdings in shares of Distoken Acquisition by 47.7% in the first quarter. Berkley W R Corp now owns 248,027 shares of the company’s stock valued at $2,669,000 after purchasing an additional 80,123 shares in the last quarter. Finally, Cowen AND Company LLC boosted its position in shares of Distoken Acquisition by 65.1% in the second quarter. Cowen AND Company LLC now owns 40,000 shares of the company’s stock worth $431,000 after buying an additional 15,768 shares during the period. 63.68% of the stock is owned by institutional investors and hedge funds.

Distoken Acquisition Stock Performance

Shares of DIST stock opened at $11.18 on Friday. Distoken Acquisition Co. has a 1-year low of $10.58 and a 1-year high of $12.35. The stock’s fifty day simple moving average is $10.95 and its 200-day simple moving average is $10.84.

About Distoken Acquisition

Distoken Acquisition Corporation does not have significant operations. The company focus on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire businesses in the technology industry in Asia.