CNH Partners LLC lowered its position in FORUM MERGER II/SH CL A (NASDAQ:FMCI) by 34.7% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 940,000 shares of the company’s stock after selling 500,000 shares during the quarter. CNH Partners LLC’s holdings in FORUM MERGER II/SH CL A were worth $9,306,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. City Financial Investment Co Ltd purchased a new position in FORUM MERGER II/SH CL A during the 4th quarter valued at about $2,365,000. HGC Investment Management Inc. purchased a new position in FORUM MERGER II/SH CL A during the 4th quarter valued at about $7,176,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in FORUM MERGER II/SH CL A during the 1st quarter valued at about $3,656,000. Periscope Capital Inc. grew its holdings in FORUM MERGER II/SH CL A by 14.9% during the 1st quarter. Periscope Capital Inc. now owns 578,500 shares of the company’s stock valued at $5,733,000 after buying an additional 75,000 shares in the last quarter. Finally, Berkley W R Corp grew its holdings in FORUM MERGER II/SH CL A by 91.6% during the 4th quarter. Berkley W R Corp now owns 618,070 shares of the company’s stock valued at $5,964,000 after buying an additional 295,540 shares in the last quarter. 53.53% of the stock is owned by institutional investors.

FMCI stock traded down $0.03 during mid-day trading on Friday, reaching $10.02. 2,102 shares of the company traded hands, compared to its average volume of 34,235. FORUM MERGER II/SH CL A has a 52-week low of $9.52 and a 52-week high of $10.02.

ILLEGAL ACTIVITY NOTICE: “CNH Partners LLC Sells 500,000 Shares of FORUM MERGER II/SH CL A (NASDAQ:FMCI)” was published by Watch List News and is owned by of Watch List News. If you are viewing this news story on another site, it was illegally copied and republished in violation of United States & international trademark & copyright laws. The original version of this news story can be viewed at https://www.watchlistnews.com/cnh-partners-llc-sells-500000-shares-of-forum-merger-ii-sh-cl-a-nasdaqfmci/3043465.html.

FORUM MERGER II/SH CL A Company Profile

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.

Recommended Story: Limitations of the P/E Growth ratio

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)

Receive News & Ratings for FORUM MERGER II/SH CL A Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FORUM MERGER II/SH CL A and related companies with MarketBeat.com's FREE daily email newsletter.