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byNordic Acquisition Co. (NASDAQ:BYNO) Short Interest Update

Posted on by darion


byNordic Acquisition Co. (NASDAQ:BYNO – Get Free Report) saw a big drop in short interest in June. As of June 15, short interest totaled 100 shares, down 97.0% from May 31, when it stood at 3,300 shares. Based on average trading volume of 14,400 shares, the short interest rate is currently 0.0 days.

Hedge funds weigh in on Nordic takeover

Several institutional investors have recently increased or decreased their stake in the company. Tidal Investments LLC acquired new shares of stock in byNordic Acquisition during the first quarter worth approximately $240,000. Robinson Capital Management LLC acquired a new stake in shares of byNordic Acquisition during the first quarter worth approximately $241,000. Virtu Financial LLC acquired a new position in byNordic Acquisition during the first quarter worth approximately $249,000. Atalaya Capital Management LP acquired a new position in byNordic Acquisition during the fourth quarter worth approximately $1,001,000. Finally, Walleye Trading LLC acquired a new position in byNordic Acquisition during the third quarter worth approximately $1,343,000. 32.91% of the shares are currently owned by institutional investors and hedge funds.

byNordic Acquisition Trading Up 0.5%

BYNO stock opened Friday at $11.29. The 52-week low for the byNordic Acquisition share was $10.58 and the 52-week high was $12.12. The stock’s 50-day moving average is $11.20 and its 200-day moving average is $11.09.

About byNordic Acquisition

(Download the free report)

byNordic Acquisition Corporation has no significant operations. It intends to enter into a merger, capital exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more companies in the financial technology sector in Northern Europe. byNordic Acquisition Corporation was founded in 2019 and is headquartered in Malmö, Sweden.

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