Target Global Acquisition I Corp. (NASDAQ:TGAA – Get Rating) was the target of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 4,800 shares, a growth of 50.0% from the November 15th total of 3,200 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 53,000 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On Target Global Acquisition I

Institutional investors and hedge funds have recently made changes to their positions in the stock. OMERS ADMINISTRATION Corp purchased a new stake in shares of Target Global Acquisition I in the 1st quarter valued at approximately $397,000. Radcliffe Capital Management L.P. acquired a new stake in Target Global Acquisition I during the 1st quarter worth approximately $5,395,000. Aristeia Capital LLC lifted its holdings in Target Global Acquisition I by 10.5% during the 2nd quarter. Aristeia Capital LLC now owns 883,737 shares of the company's stock worth $8,758,000 after buying an additional 83,739 shares in the last quarter. Cohanzick Management LLC acquired a new stake in Target Global Acquisition I during the 1st quarter worth approximately $990,000. Finally, Spring Creek Capital LLC acquired a new stake in Target Global Acquisition I during the 1st quarter worth approximately $992,000. 61.95% of the stock is owned by hedge funds and other institutional investors.

Target Global Acquisition I Stock Performance

Shares of Target Global Acquisition I stock remained flat at $10.20 on Wednesday. 15,047 shares of the stock were exchanged, compared to its average volume of 69,227. The business has a 50-day simple moving average of $10.13 and a 200 day simple moving average of $10.03. Target Global Acquisition I has a twelve month low of $9.73 and a twelve month high of $10.20.

About Target Global Acquisition I

Target Global Acquisition I Corp. does not have significant operations. It 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 the consumer internet, mobility, and financial technology sectors.

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