byNordic Acquisition (NASDAQ:BYNO) Trading 0.3% Higher

byNordic Acquisition Co. (NASDAQ:BYNO)’s stock price was up 0.3% during trading on Wednesday . The stock traded as high as $11.28 and last traded at $11.26. Approximately 1,780 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 34,060 shares. The stock had previously closed at $11.23.

byNordic Acquisition Stock Up 0.5 %

The business has a fifty day moving average of $11.20 and a 200 day moving average of $11.09.

Hedge Funds Weigh In On byNordic Acquisition

Institutional investors and hedge funds have recently made changes to their positions in the business. Tidal Investments LLC acquired a new stake in byNordic Acquisition in the first quarter valued at $240,000. Robinson Capital Management LLC bought a new stake in shares of byNordic Acquisition in the 1st quarter worth about $241,000. Virtu Financial LLC acquired a new stake in shares of byNordic Acquisition in the 1st quarter valued at about $249,000. Atalaya Capital Management LP bought a new position in shares of byNordic Acquisition during the fourth quarter worth about $1,001,000. Finally, Walleye Trading LLC acquired a new position in byNordic Acquisition in the third quarter worth about $1,343,000. 32.91% of the stock is currently owned by hedge funds and other institutional investors.

byNordic Acquisition Company Profile

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.