Flow Traders U.S. LLC Takes Position in DiamondHead Holdings Corp. (NASDAQ:DHHC)

Flow Traders U.S. LLC purchased a new stake in DiamondHead Holdings Corp. (NASDAQ:DHHC – Get Rating) in the third quarter, according to its most recent filing with the SEC. The fund purchased 10,131 shares of the company’s stock, valued at approximately $100,000.

A number of other institutional investors have also made changes to their positions in the company. Aristeia Capital LLC increased its holdings in shares of DiamondHead by 3.0% in the 3rd quarter. Aristeia Capital LLC now owns 1,700,000 shares of the company’s stock valued at $16,745,000 after acquiring an additional 50,000 shares during the last quarter. Citadel Advisors LLC increased its holdings in shares of DiamondHead by 183.4% in the 3rd quarter. Citadel Advisors LLC now owns 1,449,884 shares of the company’s stock valued at $14,311,000 after acquiring an additional 938,301 shares during the last quarter. Mizuho Markets Americas LLC bought a new position in DiamondHead during the 3rd quarter worth $10,704,000. Sculptor Capital LP grew its stake in DiamondHead by 2.9% during the 2nd quarter. Sculptor Capital LP now owns 919,155 shares of the company’s stock worth $9,035,000 after buying an additional 26,113 shares during the last quarter. Finally, Hsbc Holdings PLC grew its stake in DiamondHead by 9.7% during the 3rd quarter. Hsbc Holdings PLC now owns 847,787 shares of the company’s stock worth $8,376,000 after buying an additional 74,875 shares during the last quarter. 74.00% of the stock is currently owned by institutional investors.

DiamondHead Stock Performance

Shares of DHHC opened at $10.30 on Friday. The stock has a fifty day moving average price of $10.12 and a 200 day moving average price of $9.99. DiamondHead Holdings Corp. has a 12 month low of $9.77 and a 12 month high of $11.00.

Insider Buying and Selling

In related news, CEO David T. Hamamoto acquired 87,744 shares of the stock in a transaction that occurred on Tuesday, January 17th. The stock was purchased at an average cost of $10.09 per share, for a total transaction of $885,336.96. Following the purchase, the chief executive officer now directly owns 1,087,744 shares in the company, valued at $10,975,336.96. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In other DiamondHead news, CEO David T. Hamamoto purchased 1,000,000 shares of DiamondHead stock in a transaction on Thursday, January 12th. The stock was bought at an average price of $10.09 per share, for a total transaction of $10,090,000.00. Following the transaction, the chief executive officer now owns 1,000,000 shares of the company’s stock, valued at approximately $10,090,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO David T. Hamamoto purchased 87,744 shares of DiamondHead stock in a transaction on Tuesday, January 17th. The shares were acquired at an average price of $10.09 per share, with a total value of $885,336.96. Following the transaction, the chief executive officer now directly owns 1,087,744 shares in the company, valued at approximately $10,975,336.96. The disclosure for this purchase can be found here. 20.00% of the stock is owned by company insiders.

DiamondHead Company Profile

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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.