Coliseum Acquisition Corp. (NASDAQ:MITAW – Get Rating) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 1,000 shares, a drop of 37.5% from the September 30th total of 1,600 shares. Based on an average trading volume of 9,300 shares, the days-to-cover ratio is presently 0.1 days.

Coliseum Acquisition Price Performance

Coliseum Acquisition stock remained flat at $0.08 during trading on Thursday. 500 shares of the company were exchanged, compared to its average volume of 11,453. The business's fifty day moving average is $0.09. Coliseum Acquisition has a 1 year low of $0.05 and a 1 year high of $0.88.

Institutional Investors Weigh In On Coliseum Acquisition

A hedge fund recently raised its stake in Coliseum Acquisition stock. Q Global Advisors LLC lifted its stake in shares of Coliseum Acquisition Corp. (NASDAQ:MITAW – Get Rating) by 628.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 115,014 shares of the company's stock after acquiring an additional 99,224 shares during the period. Q Global Advisors LLC's holdings in Coliseum Acquisition were worth $40,000 as of its most recent filing with the Securities & Exchange Commission.

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