Shaolin Capital Management LLC lessened its position in shares of Mallard Acquisition Corp. (NASDAQ:MACU) by 2.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 854,604 shares of the company’s stock after selling 21,461 shares during the quarter. Shaolin Capital Management LLC owned about 0.06% of Mallard Acquisition worth $8,529,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Panagora Asset Management Inc. bought a new position in shares of Mallard Acquisition during the 2nd quarter worth approximately $56,000. Centiva Capital LP bought a new position in shares of Mallard Acquisition during the 1st quarter worth approximately $99,000. Schonfeld Strategic Advisors LLC purchased a new stake in Mallard Acquisition during the 1st quarter worth approximately $147,000. Millennium Management LLC purchased a new stake in Mallard Acquisition during the 1st quarter worth approximately $1,042,000. Finally, Bank of Montreal Can purchased a new stake in Mallard Acquisition during the 2nd quarter worth approximately $3,493,000. Hedge funds and other institutional investors own 80.44% of the company’s stock.
NASDAQ:MACU remained flat at $$9.99 during trading hours on Thursday. 618 shares of the company’s stock traded hands, compared to its average volume of 770. Mallard Acquisition Corp. has a 12 month low of $9.66 and a 12 month high of $10.48. The company’s 50-day moving average is $9.93 and its 200 day moving average is $9.93.
Mallard Acquisition Corp. does not have significant operations. It focuses on the effecting 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 Cornelius, North Carolina.
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