Oribel Capital Management LP raised its holdings in Mason Industrial Technology, Inc. (NYSE:MIT – Get Rating) by 22.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 508,002 shares of the company’s stock after buying an additional 91,832 shares during the quarter. Oribel Capital Management LP’s holdings in Mason Industrial Technology were worth $4,958,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Berkley W R Corp raised its position in shares of Mason Industrial Technology by 60.0% during the third quarter. Berkley W R Corp now owns 550,205 shares of the company’s stock worth $5,359,000 after purchasing an additional 206,330 shares during the period. HighTower Advisors LLC raised its position in shares of Mason Industrial Technology by 7.7% during the third quarter. HighTower Advisors LLC now owns 137,344 shares of the company’s stock worth $1,339,000 after purchasing an additional 9,825 shares during the period. Dark Forest Capital Management LP acquired a new position in shares of Mason Industrial Technology during the third quarter worth approximately $1,035,000. Hsbc Holdings PLC acquired a new position in shares of Mason Industrial Technology during the third quarter worth approximately $730,000. Finally, PEAK6 Investments LLC acquired a new position in shares of Mason Industrial Technology during the fourth quarter worth approximately $433,000. 61.42% of the stock is currently owned by hedge funds and other institutional investors.
NYSE MIT remained flat at $$9.77 on Friday. The company had a trading volume of 1,375,666 shares, compared to its average volume of 253,306. The business has a 50-day moving average price of $9.77 and a two-hundred day moving average price of $9.75. Mason Industrial Technology, Inc. has a twelve month low of $9.41 and a twelve month high of $9.85.
Mason Industrial Technology, Inc does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to identify business opportunities in the field of industrial technology, advanced materials, or specialty chemicals.
Further Reading
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