MYDA Advisors LLC Has $2.76 Million Stake in Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH)

MYDA Advisors LLC trimmed its stake in shares of Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH) by 50.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 115,000 shares of the company’s stock after selling 117,000 shares during the period. MYDA Advisors LLC’s holdings in Pershing Square Tontine were worth $2,761,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in PSTH. Wealthcare Advisory Partners LLC acquired a new position in Pershing Square Tontine in the first quarter valued at approximately $30,000. Eudaimonia Partners LLC acquired a new position in Pershing Square Tontine in the fourth quarter valued at approximately $33,000. IFP Advisors Inc lifted its holdings in Pershing Square Tontine by 48.7% in the first quarter. IFP Advisors Inc now owns 1,487 shares of the company’s stock valued at $35,000 after buying an additional 487 shares during the period. Retirement Group LLC acquired a new position in Pershing Square Tontine in the fourth quarter valued at approximately $37,000. Finally, International Assets Investment Management LLC acquired a new position in Pershing Square Tontine in the first quarter valued at approximately $38,000. Institutional investors own 51.54% of the company’s stock.

NYSE:PSTH traded down $0.09 during trading hours on Friday, hitting $23.00. The stock had a trading volume of 26,105 shares, compared to its average volume of 3,600,950. Pershing Square Tontine Holdings, Ltd. has a one year low of $21.33 and a one year high of $34.10. The firm has a 50 day moving average price of $24.38.

About Pershing Square Tontine

Pershing Square Tontine Holdings, Ltd. 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. The company was incorporated in 2020 and is based in New York, New York.

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Institutional Ownership by Quarter for Pershing Square Tontine (NYSE:PSTH)

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