Anthemis Digital Acquisitions I Corp (NASDAQ:ADAL – Get Rating) saw a significant decrease in short interest in the month of October. As of October 15th, there was short interest totalling 1,600 shares, a decrease of 51.5% from the September 30th total of 3,300 shares. Based on an average daily volume of 67,100 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's shares are short sold.

Hedge Funds Weigh In On Anthemis Digital Acquisitions I

Institutional investors and hedge funds have recently made changes to their positions in the stock. Wolverine Asset Management LLC acquired a new position in shares of Anthemis Digital Acquisitions I during the first quarter worth about $6,131,000. Aristeia Capital LLC acquired a new position in shares of Anthemis Digital Acquisitions I during the first quarter worth about $7,960,000. Picton Mahoney Asset Management acquired a new position in shares of Anthemis Digital Acquisitions I during the first quarter worth about $4,975,000. Spartan Fund Management Inc. acquired a new position in shares of Anthemis Digital Acquisitions I during the second quarter worth about $1,901,000. Finally, Apollo Management Holdings L.P. acquired a new position in shares of Anthemis Digital Acquisitions I during the first quarter worth about $2,488,000. 65.27% of the stock is owned by institutional investors and hedge funds.

Anthemis Digital Acquisitions I Stock Performance

Shares of NASDAQ:ADAL opened at $10.13 on Thursday. The firm's 50-day moving average is $10.07 and its two-hundred day moving average is $10.00. Anthemis Digital Acquisitions I has a 1 year low of $6.97 and a 1 year high of $10.14.

About Anthemis Digital Acquisitions I

Anthemis Digital Acquisitions I Corp does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus its efforts in the areas of digital financial services or modern financial technology.

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