Taconic Capital Advisors LP buys 88,900 shares of Quantum FinTech Acquisition Co. (NYSE:QFTA)

Taconic Capital Advisors LP raised its position in shares of Quantum FinTech Acquisition Co. (NYSE:QFTA – Get Rating ) by 40.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 310,577 shares of the company’s stock after buying an additional 88,900 shares during the period. Taconic Capital Advisors LP owned approximately 1.23% of Quantum FinTech Acquisition worth $3,062,000 at the end of the most recent quarter.

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A number of other institutional investors have also recently made changes to their positions in QFTA. EHP Funds Inc. purchased a new stake in Quantum FinTech Acquisition during the first quarter worth approximately $247,000. RPO LLC boosted its holdings in shares of Quantum FinTech Acquisition by 108.4% during the second quarter. RPO LLC now owns 380,236 shares of the company’s stock worth $3,738,000 after purchasing an additional 197,810 shares during the period. Hudson Bay Capital Management LP raised its stake in Quantum FinTech Acquisition by 16.7% in the second quarter. Hudson Bay Capital Management LP now owns 1,584,024 shares of the company’s stock valued at $15,571,000 after purchasing an additional 227,149 shares during the period. Elequin Capital LP raised its stake in Quantum FinTech Acquisition by 2.1% in the third quarter. Elequin Capital LP now owns 72,745 shares of the company’s stock valued at $717,000 after purchasing an additional 1,500 shares during the period. Finally, OLD Mission Capital LLC raised its stake in Quantum FinTech Acquisition by 215.7% in the third quarter. OLD Mission Capital LLC now owns 31,681 shares of the company’s stock valued at $155,000 after buying an additional 21,646 shares during the period. Institutional investors own 76.07% of the company’s shares.

Quantum FinTech Acquisition Trading up 0.0%

Shares of QFTA stock traded up $0.01 during trading on Friday, reaching $10.16. The company had a trading volume of 581 shares, compared to its average volume of 223,742. The stock’s 50-day moving average price is $10.11 and its 200-day moving average price is $9.96. Quantum FinTech Acquisition Co. has a one year low of $9.83 and a one year high of $10.19.

Quantum FinTech Acquisition Company Profile

(Get rating)

Quantum FinTech Acquisition Corporation does not have significant operations. The company intends to carry out a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. Quantum FinTech Acquisition Corporation was incorporated in 2020 and is based in Tampa, Florida.

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