B. Riley Principal 250 Merger Corp. (NASDAQ:BRIV – Get Rating) saw a significant increase in short interest in December. As of December 30th, there was short interest totalling 6,000 shares, an increase of 22.4% from the December 15th total of 4,900 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 33,500 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. PEAK6 Investments LLC boosted its stake in 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 valued at $1,496,000 after buying an additional 1,682 shares in the last quarter. Centiva Capital LP boosted its stake in B. Riley Principal 250 Merger by 0.7% during the second quarter. Centiva Capital LP now owns 353,794 shares of the company's stock valued at $3,449,000 after buying an additional 2,424 shares in the last quarter. Marshall Wace LLP boosted its stake in B. Riley Principal 250 Merger by 0.6% during the third quarter. Marshall Wace LLP now owns 849,803 shares of the company's stock valued at $8,320,000 after buying an additional 4,669 shares in the last quarter. Walleye Capital LLC boosted its stake 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 valued at $268,000 after buying an additional 9,558 shares in the last quarter. Finally, Landscape Capital Management L.L.C. boosted its stake in B. Riley Principal 250 Merger by 56.4% during the third quarter. Landscape Capital Management L.L.C. now owns 27,922 shares of the company's stock valued at $273,000 after buying an additional 10,066 shares in the last quarter. Institutional investors own 67.24% of the company's stock.
Get B. Riley Principal 250 Merger alerts:B. Riley Principal 250 Merger Stock Performance
Shares of NASDAQ:BRIV remained flat at $10.03 on Friday. The stock had a trading volume of 48,937 shares, compared to its average volume of 34,434. B. Riley Principal 250 Merger has a 12 month low of $9.63 and a 12 month high of $10.05. The company's 50 day moving average price is $9.94 and its 200-day moving average price is $9.84. The company has a debt-to-equity ratio of 4.43, a quick ratio of 2.22 and a current ratio of 2.22.
B. Riley Principal 250 Merger Company Profile
(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.
Further Reading
- Get a free copy of the StockNews.com research report on B. Riley Principal 250 Merger (BRIV)
- MarketBeat Week in Review – 1/16 – 1/20
- Does Old Dominion Show That Trucking Is Hitting The Brakes?
- Nordstrom Puts Fear Of Markdowns Into Retail Sector
- Exxon Mobil Stock: Within Striking Distance Of Buy Point
- High-Dividend-Yielding BHP Sees China Driving '23 Growth
Receive News & Ratings for B. Riley Principal 250 Merger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for B. Riley Principal 250 Merger and related companies with MarketBeat.com's FREE daily email newsletter.