TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in Marlin Technology Co. (NASDAQ:FINM) during the first quarter, Holdings Channel.com reports. The fund bought 350,000 shares of the company’s stock, valued at approximately $3,364,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sanders Morris Harris LLC bought a new stake in shares of Marlin Technology in the 1st quarter worth approximately $121,000. Dupont Capital Management Corp bought a new position in shares of Marlin Technology during the 1st quarter worth approximately $1,920,000. Picton Mahoney Asset Management acquired a new stake in Marlin Technology during the 1st quarter valued at $3,459,000. Exos Asset Management LLC acquired a new stake in Marlin Technology during the 1st quarter valued at $297,000. Finally, HighTower Advisors LLC acquired a new stake in Marlin Technology during the 1st quarter valued at $1,966,000.
Shares of NASDAQ FINM traded down $0.01 during midday trading on Thursday, hitting $9.66. The stock had a trading volume of 2,009 shares, compared to its average volume of 82,343. The stock has a 50-day simple moving average of $9.68. Marlin Technology Co. has a fifty-two week low of $9.56 and a fifty-two week high of $10.30.
Marlin Technology Corporation is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in Hermosa Beach, California.
Featured Article: What is Cost of Debt?
Want to see what other hedge funds are holding FINM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marlin Technology Co. (NASDAQ:FINM).
Receive News & Ratings for Marlin Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marlin Technology and related companies with MarketBeat.com's FREE daily email newsletter.