byNordic Acquisition Co. (NASDAQ:BYNO) Short Interest Update

byNordic Acquisition Co. (NASDAQ:BYNO) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 100 shares, a decline of 97.0% from the May 31st total of 3,300 shares. Based on an average trading volume of 14,400 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On byNordic Acquisition

Several institutional investors have recently added to or reduced their stakes in the business. Tidal Investments LLC purchased a new stake in byNordic Acquisition in the 1st quarter valued at about $240,000. Robinson Capital Management LLC purchased a new stake in byNordic Acquisition in the first quarter valued at approximately $241,000. Virtu Financial LLC acquired a new position in byNordic Acquisition during the first quarter worth approximately $249,000. Atalaya Capital Management LP purchased a new position in byNordic Acquisition during the fourth quarter worth approximately $1,001,000. Finally, Walleye Trading LLC purchased a new position in byNordic Acquisition during the third quarter worth approximately $1,343,000. 32.91% of the stock is currently owned by institutional investors and hedge funds.

byNordic Acquisition Trading Up 0.5 %

Shares of BYNO opened at $11.29 on Friday. byNordic Acquisition has a fifty-two week low of $10.58 and a fifty-two week high of $12.12. The stock has a fifty day moving average of $11.20 and a two-hundred day moving average of $11.09.

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.