Trinity Merger Corp. (NASDAQ:TMCX) shares were up 0.1% during mid-day trading on Thursday . The company traded as high as $10.35 and last traded at $10.35, approximately 2,261 shares changed hands during trading. A decline of 97% from the average daily volume of 89,462 shares. The stock had previously closed at $10.34.

Trinity Merger (NASDAQ:TMCX) last issued its quarterly earnings results on Tuesday, May 14th. The company reported $0.05 earnings per share (EPS) for the quarter.

In related news, major shareholder Polar Asset Management Partner sold 540,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 19th. The stock was sold at an average price of $10.32, for a total value of $5,572,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

An institutional investor recently raised its position in Trinity Merger stock. FNY Investment Advisers LLC increased its position in Trinity Merger Corp. (NASDAQ:TMCX) by 70,246.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 200,486 shares of the company’s stock after buying an additional 200,201 shares during the quarter. Trinity Merger accounts for 0.6% of FNY Investment Advisers LLC’s portfolio, making the stock its 21st largest position. FNY Investment Advisers LLC owned about 0.58% of Trinity Merger worth $2,065,000 at the end of the most recent quarter. 75.33% of the stock is owned by institutional investors.

Trinity Merger Company Profile (NASDAQ:TMCX)

Trinity Merger Corp. develops, owns, and manages various branded hotels in the United Kingdom. It also invests in various commercial and residential units. The company was founded in 2018 and is based in Honolulu, Hawaii.

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