Mizuho Securities USA LLC lifted its stake in Kernel Group Holdings, Inc. (NASDAQ:KRNL - Free Report) by 22.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 540,110 shares of the company's stock after buying an additional 100,158 shares during the period. Kernel Group makes up approximately 0.1% of Mizuho Securities USA LLC's holdings, making the stock its 29th largest holding. Mizuho Securities USA LLC owned about 3.87% of Kernel Group worth $5,752,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of KRNL. Cowen AND Company LLC increased its position in shares of Kernel Group by 10.6% in the fourth quarter. Cowen AND Company LLC now owns 367,822 shares of the company's stock valued at $3,950,000 after acquiring an additional 35,304 shares during the period. Wolverine Asset Management LLC lifted its holdings in Kernel Group by 22.6% in the 4th quarter. Wolverine Asset Management LLC now owns 470,930 shares of the company's stock worth $5,058,000 after buying an additional 86,805 shares during the period. TrueMark Investments LLC bought a new stake in shares of Kernel Group in the 4th quarter worth approximately $113,000. Shaolin Capital Management LLC bought a new stake in Kernel Group in the third quarter valued at $3,183,000. Finally, Periscope Capital Inc. boosted its stake in shares of Kernel Group by 19.3% during the 3rd quarter. Periscope Capital Inc. now owns 500,000 shares of the company's stock valued at $5,305,000 after purchasing an additional 80,882 shares in the last quarter. Institutional investors own 44.40% of the company's stock.
Kernel Group Price Performance
KRNL stock traded up $0.03 during midday trading on Friday, hitting $10.95. The stock had a trading volume of 704 shares, compared to its average volume of 811. The business has a 50-day moving average of $10.85 and a two-hundred day moving average of $10.77. Kernel Group Holdings, Inc. has a 52-week low of $10.19 and a 52-week high of $11.07.
Kernel Group Profile
(
Free Report)
Kernel Group Holdings, Inc does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. Kernel Group Holdings, Inc was incorporated in 2020 and is based in New York, New York.
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