Industrial Tech Acquisitions II, Inc. (NASDAQ:ITAQ – Get Rating) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 4,400 shares, an increase of 4,300.0% from the August 15th total of 100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 13,100 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Industrial Tech Acquisitions II

A number of hedge funds have recently made changes to their positions in ITAQ. State Street Corp purchased a new position in Industrial Tech Acquisitions II in the 2nd quarter valued at approximately $109,000. Goldman Sachs Group Inc. acquired a new stake in shares of Industrial Tech Acquisitions II in the 1st quarter valued at $199,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Industrial Tech Acquisitions II in the 1st quarter valued at $398,000. Kohlberg Kravis Roberts & Co. L.P. acquired a new stake in shares of Industrial Tech Acquisitions II in the 1st quarter valued at $497,000. Finally, Berkley W R Corp acquired a new stake in shares of Industrial Tech Acquisitions II in the 1st quarter valued at $737,000.

Industrial Tech Acquisitions II Price Performance

ITAQ stock opened at $10.01 on Wednesday. Industrial Tech Acquisitions II has a 12 month low of $9.83 and a 12 month high of $10.04. The company has a 50-day simple moving average of $9.98.

Industrial Tech Acquisitions II Company Profile

Industrial Tech Acquisitions II, Inc does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on targets operating in the technology-focused areas, including software, mobile and IoT applications, digital and energy transformation, cloud, and cyber communications, as well as high bandwidth services, including LTE, remote sensing, and 5G communications.

Recommended Stories

• Get a free copy of the StockNews.com research report on Industrial Tech Acquisitions II (ITAQ)
• These 3 Reports Will Tell Us Much About the Current Economy
• Is Five Below Trying to Punch Too High?
• This Is What To Expect From The S&P 500 Now
• The Two Things You Need To Know About Oracle's FQ1 Report
• Three Value Stocks For A Volatile Market

Receive News & Ratings for Industrial Tech Acquisitions II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Industrial Tech Acquisitions II and related companies with MarketBeat.com's FREE daily email newsletter.