DUET Acquisition Corp. (NASDAQ:DUET – Get Rating) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 100 shares, a decrease of 90.9% from the August 15th total of 1,100 shares. Based on an average daily volume of 6,600 shares, the short-interest ratio is presently 0.0 days.

DUET Acquisition Price Performance

NASDAQ DUET remained flat at $9.92 during trading hours on Tuesday. The company had a trading volume of 20 shares, compared to its average volume of 3,274. The business has a fifty day moving average price of $9.94. DUET Acquisition has a 1 year low of $9.78 and a 1 year high of $10.45.

Institutional Trading of DUET Acquisition

Institutional investors and hedge funds have recently bought and sold shares of the business. Centiva Capital LP bought a new stake in DUET Acquisition in the second quarter valued at approximately $252,000. Saba Capital Management L.P. bought a new stake in DUET Acquisition in the first quarter valued at approximately $989,000. Wolverine Asset Management LLC bought a new stake in DUET Acquisition in the second quarter valued at approximately $1,375,000. Karpus Management Inc. bought a new stake in DUET Acquisition in the first quarter valued at approximately $1,484,000. Finally, MMCAP International Inc. SPC bought a new stake in DUET Acquisition in the first quarter valued at approximately $1,681,000. Institutional investors own 82.85% of the company's stock.

DUET Acquisition Company Profile

DUET Acquisition Corp. does not have significant operation. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in technology sector. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.

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