Anthemis Digital Acquisitions I Corp (NASDAQ:ADAL – Get Rating) saw a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 41,200 shares, a growth of 1,044.4% from the November 15th total of 3,600 shares. Currently, 0.2% of the company's shares are sold short. Based on an average daily trading volume, of 52,400 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Robinson Capital Management LLC purchased a new stake in shares of Anthemis Digital Acquisitions I during the second quarter valued at $172,000. Walleye Trading LLC purchased a new stake in shares of Anthemis Digital Acquisitions I during the first quarter valued at $179,000. Walleye Capital LLC purchased a new stake in shares of Anthemis Digital Acquisitions I during the first quarter valued at $197,000. Toroso Investments LLC boosted its stake in shares of Anthemis Digital Acquisitions I by 14.7% during the third quarter. Toroso Investments LLC now owns 19,818 shares of the company's stock valued at $200,000 after purchasing an additional 2,534 shares during the period. Finally, Hsbc Holdings PLC purchased a new stake in shares of Anthemis Digital Acquisitions I during the third quarter valued at $226,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Anthemis Digital Acquisitions I Price Performance

NASDAQ ADAL remained flat at $10.22 on Monday. 5 shares of the company's stock traded hands, compared to its average volume of 74,946. The business has a 50-day moving average price of $10.15 and a two-hundred day moving average price of $10.05. Anthemis Digital Acquisitions I has a 52 week low of $6.97 and a 52 week high of $10.23.

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.

Further Reading

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