B. Riley Principal 250 Merger Corp. (NASDAQ:BRIV – Get Rating) saw a significant drop in short interest in August. As of August 31st, there was short interest totalling 1,600 shares, a drop of 54.3% from the August 15th total of 3,500 shares. Based on an average daily volume of 5,300 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company's stock are short sold.
Institutional Trading of B. Riley Principal 250 Merger
Hedge funds have recently bought and sold shares of the business. PenderFund Capital Management Ltd. lifted its holdings in B. Riley Principal 250 Merger by 400.0% during the fourth quarter. PenderFund Capital Management Ltd. now owns 6,500 shares of the company's stock worth $80,000 after acquiring an additional 5,200 shares during the period. OLD Mission Capital LLC bought a new stake in B. Riley Principal 250 Merger during the fourth quarter worth $140,000. Walleye Capital LLC lifted its holdings in 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 acquiring an additional 9,558 shares during the period. Centiva Capital LP bought a new stake in B. Riley Principal 250 Merger during the fourth quarter worth $1,475,000. Finally, PEAK6 Investments LLC raised its stake in shares of B. Riley Principal 250 Merger by 1.5% in the fourth quarter. PEAK6 Investments LLC now owns 152,220 shares of the company's stock valued at $1,483,000 after buying an additional 2,220 shares during the period. 64.82% of the stock is currently owned by institutional investors.
Get B. Riley Principal 250 Merger alerts:B. Riley Principal 250 Merger Stock Performance
BRIV stock opened at $9.79 on Wednesday. B. Riley Principal 250 Merger has a twelve month low of $9.63 and a twelve month high of $10.22. The stock's 50 day moving average is $9.77 and its 200-day moving average is $9.75.
About B. Riley Principal 250 Merger
(Get Rating)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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