World Quantum Growth Acquisition Corp. (NYSE:WQGA – Get Rating) was the target of a large decline in short interest in June. As of June 15th, there was short interest totalling 900 shares, a decline of 30.8% from the May 31st total of 1,300 shares. Based on an average trading volume of 31,100 shares, the short-interest ratio is currently 0.0 days.

A number of large investors have recently modified their holdings of the stock. Saba Capital Management L.P. boosted its holdings in World Quantum Growth Acquisition by 17.1% in the fourth quarter. Saba Capital Management L.P. now owns 1,029,094 shares of the company's stock worth $10,095,000 after purchasing an additional 150,000 shares in the last quarter. Radcliffe Capital Management L.P. acquired a new position in World Quantum Growth Acquisition during the 1st quarter worth $3,270,000. Basso Capital Management L.P. raised its position in shares of World Quantum Growth Acquisition by 18,440.9% during the first quarter. Basso Capital Management L.P. now owns 52,100 shares of the company's stock valued at $516,000 after buying an additional 51,819 shares during the last quarter. Royal Bank of Canada raised its position in shares of World Quantum Growth Acquisition by 46.9% during the first quarter. Royal Bank of Canada now owns 23,198 shares of the company's stock valued at $230,000 after buying an additional 7,402 shares during the last quarter. Finally, Condor Capital Management acquired a new position in shares of World Quantum Growth Acquisition during the first quarter valued at about $44,000. Hedge funds and other institutional investors own 47.83% of the company's stock.

World Quantum Growth Acquisition stock opened at $9.92 on Tuesday. The company's fifty day simple moving average is $9.91 and its 200-day simple moving average is $9.87. World Quantum Growth Acquisition has a 12 month low of $9.76 and a 12 month high of $10.20.

World Quantum Growth Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the financial services and the financial technology sectors in the United States, Europe, the Middle East, and Africa.

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