Industrial Tech Acquisitions II, Inc. (NASDAQ:ITAQ – Get Rating) was the target of a large drop in short interest in September. As of September 15th, there was short interest totalling 3,400 shares, a drop of 22.7% from the August 31st total of 4,400 shares. Approximately 0.0% of the company's stock are short sold. Based on an average trading volume of 13,800 shares, the days-to-cover ratio is currently 0.2 days.

Industrial Tech Acquisitions II Stock Up 0.1 %

NASDAQ ITAQ traded up $0.01 during midday trading on Friday, hitting $10.00. 21,807 shares of the company traded hands, compared to its average volume of 5,413. The company's 50-day simple moving average is $10.00 and its 200-day simple moving average is $9.97. Industrial Tech Acquisitions II has a 52 week low of $9.83 and a 52 week high of $10.06.

Institutional Trading of Industrial Tech Acquisitions II

Hedge funds and other institutional investors have recently bought and sold shares of the stock. State Street Corp bought a new stake in Industrial Tech Acquisitions II during the 2nd quarter valued at $109,000. Goldman Sachs Group Inc. purchased a new stake in shares of Industrial Tech Acquisitions II during the 1st quarter valued at $199,000. OMERS ADMINISTRATION Corp purchased a new stake in shares of Industrial Tech Acquisitions II during the 1st quarter valued at $398,000. Kohlberg Kravis Roberts & Co. L.P. purchased a new stake in shares of Industrial Tech Acquisitions II during the 1st quarter valued at $497,000. Finally, Berkley W R Corp purchased a new stake in shares of Industrial Tech Acquisitions II during the 1st quarter valued at $737,000.

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.

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