Jaws Juggernaut Acquisition Co. (NASDAQ:JUGG – Get Rating) was the recipient of a large decrease in short interest in the month of December. As of December 30th, there was short interest totalling 11,100 shares, a decrease of 36.9% from the December 15th total of 17,600 shares. Based on an average daily trading volume, of 120,700 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's stock are sold short.

Jaws Juggernaut Acquisition Price Performance

Shares of JUGG remained flat at $10.09 during mid-day trading on Thursday. 226,389 shares of the stock traded hands, compared to its average volume of 153,654. The firm's fifty day simple moving average is $10.01 and its two-hundred day simple moving average is $9.88. Jaws Juggernaut Acquisition has a 52 week low of $9.66 and a 52 week high of $10.30.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of JUGG. BNP Paribas Arbitrage SNC acquired a new position in shares of Jaws Juggernaut Acquisition during the 3rd quarter worth $6,918,000. Wolverine Asset Management LLC acquired a new position in shares of Jaws Juggernaut Acquisition during the 3rd quarter worth $2,467,000. UBS Group AG bought a new stake in shares of Jaws Juggernaut Acquisition during the 1st quarter worth $2,199,000. Aristeia Capital LLC bought a new stake in shares of Jaws Juggernaut Acquisition during the 3rd quarter worth $1,868,000. Finally, Royal Bank of Canada bought a new stake in shares of Jaws Juggernaut Acquisition during the 1st quarter worth $1,657,000. Institutional investors and hedge funds own 72.52% of the company's stock.

Jaws Juggernaut Acquisition Company Profile

JAWS Juggernaut Acquisition Corporation 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 or entities. It intends to focus on wireless communications and related technology/product/service businesses.

Read More

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