Ahren Acquisition Corp. (NASDAQ:AHRN – Get Rating) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 2,100 shares, a drop of 32.3% from the November 15th total of 3,100 shares. Based on an average daily volume of 56,400 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Ahren Acquisition

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Whitebox Advisors LLC purchased a new position in shares of Ahren Acquisition during the 3rd quarter worth $151,000. Virtu Financial LLC purchased a new position in Ahren Acquisition during the second quarter worth about $168,000. Parallax Volatility Advisers L.P. acquired a new stake in Ahren Acquisition in the 3rd quarter worth about $240,000. Robinson Capital Management LLC acquired a new position in shares of Ahren Acquisition during the 2nd quarter valued at about $263,000. Finally, Kohlberg Kravis Roberts & Co. L.P. purchased a new position in shares of Ahren Acquisition during the 1st quarter worth about $396,000.

Ahren Acquisition Stock Performance

Shares of NASDAQ AHRN opened at $10.21 on Thursday. The company has a 50-day simple moving average of $10.14 and a 200-day simple moving average of $10.03. Ahren Acquisition has a 12 month low of $9.76 and a 12 month high of $10.21.

About Ahren Acquisition

Ahren Acquisition Corp. 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 identify and complete a business combination with a company fueled by deep technology and/or deep science.

Further Reading

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