Bank of Montreal Can Acquires New Shares in Battery Future Acquisition Corp. (NYSE:BFAC)

Bank of Montreal Can acquired a new stake in shares of Battery Future Acquisition Corp. (NYSE:BFAC) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 182,946 shares of the company’s stock, valued at approximately $1,939,000. Bank of Montreal Can owned about 0.42% of Battery Future Acquisition at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Picton Mahoney Asset Management lifted its position in shares of Battery Future Acquisition by 316.7% in the first quarter. Picton Mahoney Asset Management now owns 1,250,000 shares of the company’s stock worth $13,050,000 after buying an additional 950,000 shares during the last quarter. Mizuho Markets Cayman LP acquired a new stake in shares of Battery Future Acquisition in the first quarter worth about $13,050,000. Mizuho Markets Americas LLC lifted its position in shares of Battery Future Acquisition by 1,462.5% in the first quarter. Mizuho Markets Americas LLC now owns 1,250,000 shares of the company’s stock worth $13,050,000 after buying an additional 1,170,000 shares during the last quarter. First Trust Capital Management L.P. lifted its position in shares of Battery Future Acquisition by 69.7% in the first quarter. First Trust Capital Management L.P. now owns 888,756 shares of the company’s stock worth $9,279,000 after buying an additional 365,185 shares during the last quarter. Finally, Nomura Holdings Inc. acquired a new position in shares of Battery Future Acquisition during the 1st quarter worth about $6,849,000. Institutional investors and hedge funds own 36.51% of the company’s stock.

Battery Future Acquisition Price Performance

NYSE BFAC opened at $10.86 on Thursday. Battery Future Acquisition Corp. has a twelve month low of $10.13 and a twelve month high of $11.27. The stock has a 50-day simple moving average of $10.83 and a 200 day simple moving average of $10.69.

Battery Future Acquisition Profile

Battery Future Acquisition Corp. does not have significant operations. It intends to effect a merger, capital share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to search on industries spearheading the shift from fossil fuels to electrification, including companies in the battery value chain.