Compass Digital Acquisition Corp. (NASDAQ:CDAQ – Get Rating) was the recipient of a large decline in short interest in the month of August. As of August 15th, there was short interest totalling 6,400 shares, a decline of 20.0% from the July 31st total of 8,000 shares. Based on an average daily volume of 18,900 shares, the short-interest ratio is presently 0.3 days.

Compass Digital Acquisition Price Performance

NASDAQ CDAQ opened at $9.75 on Wednesday. Compass Digital Acquisition has a 12-month low of $9.59 and a 12-month high of $9.76. The firm has a 50-day moving average price of $9.68 and a two-hundred day moving average price of $9.66.

Institutional Trading of Compass Digital Acquisition

Institutional investors have recently bought and sold shares of the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Compass Digital Acquisition during the 1st quarter worth approximately $116,000. Centiva Capital LP lifted its holdings in shares of Compass Digital Acquisition by 14.2% during the 2nd quarter. Centiva Capital LP now owns 114,963 shares of the company's stock worth $1,109,000 after acquiring an additional 14,327 shares during the period. Exos Asset Management LLC bought a new stake in shares of Compass Digital Acquisition during the 2nd quarter worth approximately $288,000. UBS Group AG bought a new stake in shares of Compass Digital Acquisition during the 1st quarter worth approximately $370,000. Finally, Citigroup Inc. bought a new stake in shares of Compass Digital Acquisition during the 1st quarter worth approximately $576,000. Institutional investors own 54.83% of the company's stock.

About Compass Digital Acquisition

Compass Digital Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on companies in the technology sectors, including in the technology led digital transformation software and services sector.

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