Yakira Capital Management Inc. Buys New Stake in SCIIU $SCIIU

Yakira Capital Management Inc. bought a new stake in SCIIU (NASDAQ:SCIIUFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 437,500 shares of the company’s stock, valued at approximately $4,406,000. SCIIU accounts for about 1.5% of Yakira Capital Management Inc.’s portfolio, making the stock its 24th biggest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SCIIU. Wolverine Asset Management LLC bought a new stake in SCIIU in the fourth quarter valued at about $4,794,000. ABC Arbitrage SA bought a new stake in SCIIU in the fourth quarter valued at about $302,000. Periscope Capital Inc. bought a new stake in SCIIU in the fourth quarter valued at about $2,375,000. Highbridge Capital Management LLC bought a new stake in SCIIU in the fourth quarter valued at about $3,301,000. Finally, Picton Mahoney Asset Management bought a new stake in SCIIU in the fourth quarter valued at about $1,007,000.

SCIIU Trading Up 0.4%

NASDAQ SCIIU opened at $10.28 on Monday. The company has a 50-day simple moving average of $10.25. SCIIU has a twelve month low of $10.03 and a twelve month high of $11.30.

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Institutional Ownership by Quarter for SCIIU (NASDAQ:SCIIU)

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