Spartan Fund Management Inc. Sells 50,010 Shares of byNordic Acquisition Co. (NASDAQ:BYNO)

Spartan Fund Management Inc. lowered its position in byNordic Acquisition Co. (NASDAQ:BYNO) by 33.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 99,342 shares of the company’s stock after selling 50,010 shares during the quarter. Spartan Fund Management Inc. owned about 0.97% of byNordic Acquisition worth $1,088,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Mizuho Securities USA LLC bought a new position in byNordic Acquisition in the third quarter valued at $3,365,000. Walleye Capital LLC bought a new position in byNordic Acquisition in the third quarter valued at $2,989,000. Westchester Capital Management LLC bought a new position in byNordic Acquisition in the third quarter valued at $1,984,000. Wolverine Asset Management LLC boosted its position in byNordic Acquisition by 16.9% during the fourth quarter. Wolverine Asset Management LLC now owns 159,796 shares of the company’s stock valued at $1,750,000 after buying an additional 23,109 shares during the period. Finally, Walleye Trading LLC purchased a new stake in byNordic Acquisition during the third quarter valued at about $1,343,000. Institutional investors own 32.91% of the company’s stock.

byNordic Acquisition Price Performance

NASDAQ BYNO remained flat at $11.16 during trading on Friday. 123 shares of the company’s stock traded hands, compared to its average volume of 3,019. The business’s 50-day moving average price is $11.11 and its two-hundred day moving average price is $11.00. byNordic Acquisition Co. has a twelve month low of $10.45 and a twelve month high of $12.12.

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.