byNordic Acquisition (NASDAQ:BYNO) Shares Down 0.1%

byNordic Acquisition Co. (NASDAQ:BYNO)’s share price was down 0.1% on Tuesday . The stock traded as low as $11.09 and last traded at $11.09. Approximately 5,287 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 43,876 shares. The stock had previously closed at $11.10.

byNordic Acquisition Trading Down 0.1 %

The company has a 50 day simple moving average of $11.06 and a 200-day simple moving average of $10.95.

Institutional Investors Weigh In On byNordic Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in the company. Deutsche Bank AG bought a new stake in byNordic Acquisition during the fourth quarter valued at $29,000. Glazer Capital LLC bought a new stake in shares of byNordic Acquisition during the 1st quarter valued at about $72,000. Citadel Advisors LLC raised its stake in byNordic Acquisition by 1.2% during the third quarter. Citadel Advisors LLC now owns 786,099 shares of the company’s stock worth $7,900,000 after acquiring an additional 9,272 shares during the period. Berkley W R Corp raised its stake in byNordic Acquisition by 31.6% during the fourth quarter. Berkley W R Corp now owns 43,504 shares of the company’s stock worth $483,000 after acquiring an additional 10,439 shares during the period. Finally, Captrust Financial Advisors bought a new position in byNordic Acquisition in the second quarter worth about $175,000. 32.91% of the stock is owned by institutional investors and hedge funds.

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.