Glazer Capital LLC Sells 6,627 Shares of Pyrophyte Acquisition Corp. (NYSE:PHYT)

Glazer Capital LLC cut its holdings in shares of Pyrophyte Acquisition Corp. (NYSE:PHYT) by 1.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 485,550 shares of the company’s stock after selling 6,627 shares during the period. Glazer Capital LLC owned 4.29% of Pyrophyte Acquisition worth $5,555,000 as of its most recent SEC filing.

Separately, Berkley W R Corp lifted its holdings in Pyrophyte Acquisition by 88.9% in the first quarter. Berkley W R Corp now owns 1,298,016 shares of the company’s stock worth $14,447,000 after buying an additional 610,873 shares during the period. 62.03% of the stock is currently owned by institutional investors and hedge funds.

Pyrophyte Acquisition Stock Performance

PHYT stock opened at $11.51 on Tuesday. Pyrophyte Acquisition Corp. has a fifty-two week low of $10.82 and a fifty-two week high of $11.54. The business’s 50 day moving average price is $11.49 and its two-hundred day moving average price is $11.38.

About Pyrophyte Acquisition

Pyrophyte Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more operating businesses or entities operating in the energy transition industries.