Shaolin Capital Management LLC increased its holdings in FORUM MERGER II/SH CL A (NASDAQ:FMCI) by 63.5% in the second quarter, Holdings Channel reports. The fund owned 400,000 shares of the company’s stock after purchasing an additional 155,400 shares during the quarter. Shaolin Capital Management LLC’s holdings in FORUM MERGER II/SH CL A were worth $4,024,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Gamco Investors INC. ET AL acquired a new position in shares of FORUM MERGER II/SH CL A during the first quarter valued at about $127,000. Toronto Dominion Bank acquired a new position in FORUM MERGER II/SH CL A in the 1st quarter worth approximately $1,240,000. PNC Financial Services Group Inc. acquired a new position in FORUM MERGER II/SH CL A in the 1st quarter worth approximately $1,428,000. Gabelli Funds LLC acquired a new stake in shares of FORUM MERGER II/SH CL A during the 1st quarter worth approximately $2,238,000. Finally, Mizuho Securities USA LLC grew its stake in shares of FORUM MERGER II/SH CL A by 138.2% during the 2nd quarter. Mizuho Securities USA LLC now owns 297,700 shares of the company’s stock worth $2,995,000 after purchasing an additional 172,700 shares during the period. 55.42% of the stock is owned by institutional investors.

Shares of NASDAQ:FMCI traded down $0.02 during midday trading on Friday, reaching $10.10. FORUM MERGER II/SH CL A has a 1 year low of $9.52 and a 1 year high of $10.14. The firm’s fifty day simple moving average is $10.10 and its 200-day simple moving average is $10.00.

FORUM MERGER II/SH CL A (NASDAQ:FMCI) last announced its quarterly earnings data on Wednesday, August 7th. The company reported ($0.01) earnings per share for the quarter.

About FORUM MERGER II/SH CL A

Forum Merger II Corporation intends to acquire assets and businesses through a merger, capital stock exchange, stock purchase, reorganization, or business combination. The company was founded in 2018 and is based in New York, New York.

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Want to see what other hedge funds are holding FMCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for FORUM MERGER II/SH CL A (NASDAQ:FMCI).

Institutional Ownership by Quarter for FORUM MERGER II/SH CL A (NASDAQ:FMCI)

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