Skydeck Acquisition Corp. (NASDAQ:SKYA – Get Rating) was the target of a large growth in short interest in July. As of July 15th, there was short interest totalling 2,500 shares, a growth of 92.3% from the June 30th total of 1,300 shares. Based on an average trading volume of 30,000 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's shares are short sold.

Skydeck Acquisition Price Performance

SKYA stock traded up $0.03 during mid-day trading on Friday, reaching $9.79. The company had a trading volume of 12,002 shares, compared to its average volume of 77,149. The firm has a 50 day moving average of $9.74 and a 200 day moving average of $9.73. Skydeck Acquisition has a 12 month low of $9.60 and a 12 month high of $10.30.

Hedge Funds Weigh In On Skydeck Acquisition

Hedge funds have recently added to or reduced their stakes in the stock. Exos Asset Management LLC grew its stake in Skydeck Acquisition by 3.4% in the 1st quarter. Exos Asset Management LLC now owns 63,183 shares of the company's stock worth $614,000 after acquiring an additional 2,103 shares in the last quarter. Glazer Capital LLC boosted its stake in shares of Skydeck Acquisition by 39,048.9% during the fourth quarter. Glazer Capital LLC now owns 90,434 shares of the company's stock valued at $873,000 after purchasing an additional 90,203 shares in the last quarter. Toronto Dominion Bank bought a new position in shares of Skydeck Acquisition during the fourth quarter valued at approximately $981,000. Cantor Fitzgerald L. P. bought a new position in shares of Skydeck Acquisition during the first quarter valued at approximately $1,372,000. Finally, Ghisallo Capital Management LLC bought a new position in shares of Skydeck Acquisition during the fourth quarter valued at approximately $1,459,000.

Skydeck Acquisition Company Profile

Skydeck Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Providence, Rhode Island.

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