Liberty Resources Acquisition Corp. (NASDAQ:LIBY – Get Rating) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 2,600 shares, a decrease of 21.2% from the November 30th total of 3,300 shares. Based on an average trading volume of 56,600 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company's shares are short sold.

Liberty Resources Acquisition Stock Performance

Shares of LIBY stock opened at $10.21 on Tuesday. The company's 50-day simple moving average is $10.15 and its two-hundred day simple moving average is $10.08. Liberty Resources Acquisition has a one year low of $9.83 and a one year high of $10.23.

Hedge Funds Weigh In On Liberty Resources Acquisition

Hedge funds have recently added to or reduced their stakes in the stock. Ayrton Capital LLC bought a new position in Liberty Resources Acquisition in the 1st quarter worth about $1,748,000. Walleye Trading LLC bought a new position in shares of Liberty Resources Acquisition during the first quarter valued at approximately $450,000. Glazer Capital LLC bought a new position in shares of Liberty Resources Acquisition during the first quarter valued at approximately $422,000. Millennium Management LLC boosted its stake in shares of Liberty Resources Acquisition by 4.6% during the second quarter. Millennium Management LLC now owns 40,728 shares of the company's stock valued at $406,000 after purchasing an additional 1,801 shares in the last quarter. Finally, Robinson Capital Management LLC bought a new position in shares of Liberty Resources Acquisition during the first quarter valued at approximately $300,000. 67.58% of the stock is currently owned by institutional investors.

About Liberty Resources Acquisition

Liberty Resources 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 in the oil and gas sectors. The company was incorporated in 2021 and is based in Miami, Florida.

Further Reading

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