DP Cap Acquisition Corp I (NASDAQ:DPCS – Get Rating) saw a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 3,600 shares, a growth of 24.1% from the November 15th total of 2,900 shares. Based on an average daily trading volume, of 50,100 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company's stock are short sold.

DP Cap Acquisition Corp I Price Performance

Shares of NASDAQ:DPCS opened at $10.23 on Thursday. DP Cap Acquisition Corp I has a fifty-two week low of $9.73 and a fifty-two week high of $10.23. The business has a 50-day moving average of $10.16 and a two-hundred day moving average of $10.05.

Institutional Trading of DP Cap Acquisition Corp I

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada acquired a new stake in shares of DP Cap Acquisition Corp I in the first quarter worth about $30,000. Aristeia Capital LLC lifted its position in shares of DP Cap Acquisition Corp I by 0.6% in the third quarter. Aristeia Capital LLC now owns 830,000 shares of the company's stock worth $8,375,000 after buying an additional 5,000 shares during the last quarter. Toronto Dominion Bank bought a new position in shares of DP Cap Acquisition Corp I in the first quarter worth about $99,000. Cohanzick Management LLC bought a new position in shares of DP Cap Acquisition Corp I in the first quarter worth about $149,000. Finally, First Trust Capital Management L.P. increased its stake in shares of DP Cap Acquisition Corp I by 102.7% in the third quarter. First Trust Capital Management L.P. now owns 29,600 shares of the company's stock worth $299,000 after purchasing an additional 15,000 shares during the period. Institutional investors and hedge funds own 63.89% of the company's stock.

DP Cap Acquisition Corp I Company Profile

DP Cap Acquisition Corp I 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 in the tech-enabled consumer and technology sectors. DP Cap Acquisition Corp I was incorporated in 2021 and is based in Boston, Massachusetts.

Further Reading

• Get a free copy of the StockNews.com research report on DP Cap Acquisition Corp I (DPCS)
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