Hound Partners LLC lessened its holdings in shares of North Mountain Merger Corp. (OTCMKTS:NMMCU) by 20.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 200,000 shares of the company’s stock after selling 50,000 shares during the period. Hound Partners LLC’s holdings in North Mountain Merger were worth $2,044,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Sage Rock Capital Management LP boosted its position in shares of North Mountain Merger by 1.9% during the fourth quarter. Sage Rock Capital Management LP now owns 667,900 shares of the company’s stock valued at $7,173,000 after buying an additional 12,273 shares during the period. Flow Traders U.S. LLC purchased a new position in shares of North Mountain Merger during the first quarter valued at approximately $240,000. Vivaldi Asset Management LLC boosted its position in shares of North Mountain Merger by 28.0% during the first quarter. Vivaldi Asset Management LLC now owns 157,230 shares of the company’s stock valued at $1,607,000 after buying an additional 34,415 shares during the period. Finally, Citigroup Inc. purchased a new position in shares of North Mountain Merger during the first quarter valued at approximately $52,000.
Shares of OTCMKTS:NMMCU remained flat at $$10.25 during trading hours on Thursday. North Mountain Merger Corp. has a 52 week low of $9.98 and a 52 week high of $12.22. The business has a fifty day simple moving average of $10.27.
North Mountain Merger Corp. 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 focus on businesses in the financial technology segment.
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