Crossingbridge Advisors LLC acquired a new position in shares of byNordic Acquisition Co. (NASDAQ:BYNO - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 50,000 shares of the company's stock, valued at approximately $571,000. Crossingbridge Advisors LLC owned about 0.65% of byNordic Acquisition as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Boothbay Fund Management LLC purchased a new stake in shares of byNordic Acquisition in the fourth quarter valued at about $1,289,000. ATW Spac Management LLC acquired a new stake in byNordic Acquisition during the 4th quarter worth approximately $1,289,000. Finally, Virtu Financial LLC lifted its position in byNordic Acquisition by 231.2% during the 4th quarter. Virtu Financial LLC now owns 58,311 shares of the company's stock worth $666,000 after acquiring an additional 40,703 shares during the period. 32.91% of the stock is owned by hedge funds and other institutional investors.
byNordic Acquisition Stock Performance
Shares of NASDAQ:BYNO remained flat at $11.60 during trading on Thursday. byNordic Acquisition Co. has a 12 month low of $11.13 and a 12 month high of $12.51. The stock has a 50-day simple moving average of $11.47 and a 200 day simple moving average of $11.42.
byNordic Acquisition Profile
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Free Report)
byNordic Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial technology sector in Northern Europe. byNordic Acquisition Corporation was incorporated in 2019 and is based in Malmö, Sweden.
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