Wolverine Asset Management LLC increased its stake in Pyrophyte Acquisition Corp. (NYSE:PHYT – Free Report) by 27.1% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 71,080 shares of the company’s stock after acquiring an additional 15,168 shares during the period. Wolverine Asset Management LLC owned approximately 0.63% of Pyrophyte Acquisition worth $820,000 as of its most recent SEC filing.
Separately, Mizuho Securities USA LLC bought a new stake in shares of Pyrophyte Acquisition in the first quarter worth $1,568,000. Institutional investors and hedge funds own 62.03% of the company’s stock.
Pyrophyte Acquisition Stock Performance
Shares of NYSE:PHYT opened at $11.55 on Wednesday. The company has a fifty day simple moving average of $11.53 and a 200 day simple moving average of $11.47. Pyrophyte Acquisition Corp. has a 12-month low of $10.90 and a 12-month high of $11.67.
Pyrophyte Acquisition Profile
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.
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