Mizuho Securities USA LLC Buys 977,203 Shares of Pyrophyte Acquisition Corp. (NYSE:PHYT)

Mizuho Securities USA LLC grew its position in Pyrophyte Acquisition Corp. (NYSE:PHYT) by 186.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,500,000 shares of the company’s stock after purchasing an additional 977,203 shares during the period. Mizuho Securities USA LLC owned approximately 0.13% of Pyrophyte Acquisition worth $17,310,000 at the end of the most recent quarter.

Separately, Wolverine Asset Management LLC raised its stake in Pyrophyte Acquisition by 27.1% in the third quarter. Wolverine Asset Management LLC now owns 71,080 shares of the company’s stock valued at $820,000 after buying an additional 15,168 shares during the period. 62.03% of the stock is owned by hedge funds and other institutional investors.

Pyrophyte Acquisition Stock Performance

Shares of NYSE PHYT opened at $11.55 on Friday. The stock has a 50 day moving average of $11.54 and a 200-day moving average of $11.47. Pyrophyte Acquisition Corp. has a 12 month low of $10.90 and a 12 month high of $11.67.

Pyrophyte Acquisition Company Profile

Pyrophyte Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more operating businesses or entities operating in the energy transition industries.