B. Riley Principal 250 Merger Corp. (NASDAQ:BRIV – Get Rating) was the target of a large growth in short interest during the month of December. As of December 30th, there was short interest totalling 6,000 shares, a growth of 22.4% from the December 15th total of 4,900 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 33,500 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Saba Capital Management L.P. increased its holdings in shares of B. Riley Principal 250 Merger by 79.9% during the first quarter. Saba Capital Management L.P. now owns 550,729 shares of the company's stock worth $5,370,000 after purchasing an additional 244,518 shares during the period. Walleye Capital LLC increased its holdings in shares of B. Riley Principal 250 Merger by 53.4% during the first quarter. Walleye Capital LLC now owns 27,458 shares of the company's stock worth $268,000 after purchasing an additional 9,558 shares during the period. Bank of America Corp DE increased its holdings in shares of B. Riley Principal 250 Merger by 56.2% during the first quarter. Bank of America Corp DE now owns 222,230 shares of the company's stock worth $2,167,000 after purchasing an additional 80,000 shares during the period. PEAK6 Investments LLC increased its holdings in shares of B. Riley Principal 250 Merger by 1.1% during the second quarter. PEAK6 Investments LLC now owns 153,902 shares of the company's stock worth $1,496,000 after purchasing an additional 1,682 shares during the period. Finally, Sculptor Capital LP increased its holdings in shares of B. Riley Principal 250 Merger by 0.8% during the second quarter. Sculptor Capital LP now owns 1,426,027 shares of the company's stock worth $13,861,000 after purchasing an additional 10,804 shares during the period. 67.24% of the stock is owned by institutional investors.

B. Riley Principal 250 Merger Price Performance

B. Riley Principal 250 Merger stock remained flat at $10.03 during trading hours on Friday. 48,937 shares of the company's stock traded hands, compared to its average volume of 34,434. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 4.43. B. Riley Principal 250 Merger has a 52-week low of $9.63 and a 52-week high of $10.05. The business's 50 day moving average is $9.94 and its 200-day moving average is $9.84.

About B. Riley Principal 250 Merger

B. Riley Principal 250 Merger Corp. 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. The company was incorporated in 2020 and is based in New York, New York.

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