Compass Digital Acquisition Corp. (NASDAQ:CDAQW – Get Rating) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 100 shares, a drop of 75.0% from the October 15th total of 400 shares. Based on an average daily trading volume, of 16,000 shares, the short-interest ratio is presently 0.0 days.

Compass Digital Acquisition Stock Performance

Compass Digital Acquisition stock opened at $0.08 on Friday. Compass Digital Acquisition has a fifty-two week low of $0.05 and a fifty-two week high of $0.95. The firm has a 50 day moving average price of $0.09 and a 200 day moving average price of $0.17.

Institutional Investors Weigh In On Compass Digital Acquisition

An institutional investor recently bought a new position in Compass Digital Acquisition stock. Verition Fund Management LLC bought a new position in shares of Compass Digital Acquisition Corp. (NASDAQ:CDAQW – Get Rating) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 58,247 shares of the company's stock, valued at approximately $26,000.

Compass Digital Acquisition Company Profile

Compass Digital Acquisition Corp. intends to effect 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 companies in the technology sectors, including in the technology led digital transformation software and services sector.

Further Reading

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