Anthemis Digital Acquisitions I Corp (NASDAQ:ADAL – Get Rating) saw a significant drop in short interest in September. As of September 30th, there was short interest totalling 3,300 shares, a drop of 36.5% from the September 15th total of 5,200 shares. Based on an average daily trading volume, of 64,100 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Anthemis Digital Acquisitions I Price Performance

Anthemis Digital Acquisitions I stock opened at $10.11 on Friday. The stock has a fifty day moving average of $10.06 and a two-hundred day moving average of $9.99. Anthemis Digital Acquisitions I has a fifty-two week low of $6.97 and a fifty-two week high of $10.14.

Hedge Funds Weigh In On Anthemis Digital Acquisitions I

Several hedge funds have recently bought and sold shares of the stock. Sculptor Capital LP increased its position in Anthemis Digital Acquisitions I by 97.6% during the first quarter. Sculptor Capital LP now owns 1,556,866 shares of the company's stock worth $15,491,000 after buying an additional 769,132 shares in the last quarter. Saba Capital Management L.P. boosted its holdings in shares of Anthemis Digital Acquisitions I by 18.8% during the first quarter. Saba Capital Management L.P. now owns 1,429,808 shares of the company's stock worth $14,227,000 after purchasing an additional 226,341 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Anthemis Digital Acquisitions I by 93.9% during the second quarter. Millennium Management LLC now owns 1,425,000 shares of the company's stock worth $14,222,000 after purchasing an additional 690,049 shares during the last quarter. Aristeia Capital LLC boosted its holdings in shares of Anthemis Digital Acquisitions I by 12.5% during the second quarter. Aristeia Capital LLC now owns 900,000 shares of the company's stock worth $8,982,000 after purchasing an additional 100,000 shares during the last quarter. Finally, Beryl Capital Management LLC acquired a new stake in shares of Anthemis Digital Acquisitions I during the fourth quarter worth $6,365,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

Anthemis Digital Acquisitions I Company Profile

Anthemis Digital Acquisitions I Corp does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus its efforts in the areas of digital financial services or modern financial technology.

Read More

• Get a free copy of the StockNews.com research report on Anthemis Digital Acquisitions I (ADAL)
• The Rally in Walgreen's Boots Alliance May be Short Lived
• Does Short Selling In AMC Mean The Stock Is A Horror Movie?
• Will MGM Resorts Rise to the Top of the Casino Food Chain?
• Constellation Brands Stock May Offer Safety in the Market Storm
• Domino's Pizza Rises To The Occasion In Q3

Receive News & Ratings for Anthemis Digital Acquisitions I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anthemis Digital Acquisitions I and related companies with MarketBeat.com's FREE daily email newsletter.