byNordic Acquisition (NASDAQ:BYNO) Shares Down 0.1%

Shares of byNordic Acquisition Co. (NASDAQ:BYNO) fell 0.1% during trading on Tuesday . The company traded as low as $11.09 and last traded at $11.09. 5,287 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 43,876 shares. The stock had previously closed at $11.10.

byNordic Acquisition Trading Down 0.1 %

The company has a fifty day simple moving average of $11.06 and a two-hundred day simple moving average of $10.95.

Institutional Investors Weigh In On byNordic Acquisition

Institutional investors have recently modified their holdings of the business. Berkley W R Corp lifted its holdings in byNordic Acquisition by 31.6% in the fourth quarter. Berkley W R Corp now owns 43,504 shares of the company’s stock valued at $483,000 after buying an additional 10,439 shares during the period. Atalaya Capital Management LP acquired a new position in shares of byNordic Acquisition in the 4th quarter valued at $1,001,000. Wolverine Asset Management LLC boosted its position in shares of byNordic Acquisition by 16.9% in the 4th quarter. Wolverine Asset Management LLC now owns 159,796 shares of the company’s stock worth $1,750,000 after purchasing an additional 23,109 shares during the last quarter. Walleye Trading LLC acquired a new stake in shares of byNordic Acquisition during the third quarter worth $1,343,000. Finally, Walleye Capital LLC bought a new stake in byNordic Acquisition in the third quarter valued at about $2,989,000. Institutional investors and hedge funds own 32.91% of the company’s stock.

About byNordic Acquisition

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.