Picton Mahoney Asset Management Takes Position in Chain Bridge I (NASDAQ:CBRG)

Picton Mahoney Asset Management acquired a new position in shares of Chain Bridge I (NASDAQ:CBRG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 114,510 shares of the company’s stock, valued at approximately $1,243,000. Picton Mahoney Asset Management owned approximately 1.16% of Chain Bridge I at the end of the most recent reporting period.

Separately, Mizuho Securities USA LLC bought a new stake in shares of Chain Bridge I in the 3rd quarter valued at $1,699,000. 46.16% of the stock is owned by hedge funds and other institutional investors.

Chain Bridge I Trading Down 3.3 %

Chain Bridge I stock opened at $10.85 on Thursday. Chain Bridge I has a 12-month low of $10.38 and a 12-month high of $11.25. The firm’s fifty day moving average is $11.15 and its 200 day moving average is $10.97.

Chain Bridge I Company Profile

Chain Bridge I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It also intends to focus on partnering with a technology company that will advance the United States national security and intelligence interests.