Parabellum Acquisition Corp. (NYSE:PRBM – Get Rating) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 400 shares, a decrease of 20.0% from the November 30th total of 500 shares. Based on an average daily trading volume, of 58,900 shares, the short-interest ratio is presently 0.0 days.

Parabellum Acquisition Price Performance

Shares of NYSE:PRBM traded down $0.03 on Friday, reaching $10.18. The company's stock had a trading volume of 304 shares, compared to its average volume of 30,680. The stock's 50-day moving average is $10.08 and its two-hundred day moving average is $9.96. Parabellum Acquisition has a 52-week low of $9.73 and a 52-week high of $10.28.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Centiva Capital LP acquired a new position in shares of Parabellum Acquisition during the second quarter worth about $140,000. Basso Capital Management L.P. increased its stake in shares of Parabellum Acquisition by 53.6% during the first quarter. Basso Capital Management L.P. now owns 9,748 shares of the company's stock worth $96,000 after acquiring an additional 3,400 shares during the period. Mint Tower Capital Management B.V. acquired a new position in shares of Parabellum Acquisition during the third quarter worth about $781,000. Saba Capital Management L.P. increased its stake in shares of Parabellum Acquisition by 9.6% during the third quarter. Saba Capital Management L.P. now owns 1,057,885 shares of the company's stock worth $10,462,000 after acquiring an additional 92,600 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in shares of Parabellum Acquisition during the third quarter worth about $130,000. 61.49% of the stock is currently owned by institutional investors and hedge funds.

About Parabellum Acquisition

Parabellum Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Dallas, Texas.

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