Ergoteles LLC bought a new stake in shares of byNordic Acquisition Co. (NASDAQ:BYNO – Get Rating) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 21,102 shares of the company's stock, valued at approximately $212,000. Ergoteles LLC owned approximately 0.09% of byNordic Acquisition at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in BYNO. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new position in byNordic Acquisition during the 2nd quarter valued at about $14,716,000. Bank of Montreal Can purchased a new position in byNordic Acquisition during the 2nd quarter valued at about $378,000. Karpus Management Inc. purchased a new position in byNordic Acquisition during the 2nd quarter valued at about $159,000. Linden Advisors LP purchased a new position in byNordic Acquisition during the 2nd quarter valued at about $6,965,000. Finally, Millennium Management LLC purchased a new stake in shares of byNordic Acquisition during the second quarter worth about $1,375,000. 51.89% of the stock is currently owned by hedge funds and other institutional investors.
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Shares of NASDAQ BYNO opened at $10.32 on Tuesday. byNordic Acquisition Co. has a 12 month low of $9.89 and a 12 month high of $10.59. The company has a 50-day simple moving average of $10.26 and a 200-day simple moving average of $10.11.
byNordic Acquisition Company Profile
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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. The company was incorporated in 2019 and is based in Malmö, Sweden.
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