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

Institutional Investors Weigh In On Target Global Acquisition I

A number of institutional investors have recently bought and sold shares of TGAA. Exos TFP Holdings LLC purchased a new stake in Target Global Acquisition I in the third quarter valued at approximately $32,000. OLD Mission Capital LLC purchased a new stake in Target Global Acquisition I in the second quarter valued at approximately $210,000. Ergoteles LLC purchased a new stake in Target Global Acquisition I in the third quarter valued at approximately $227,000. Kohlberg Kravis Roberts & Co. L.P. purchased a new stake in Target Global Acquisition I in the first quarter valued at approximately $248,000. Finally, UBS Group AG lifted its position in Target Global Acquisition I by 2,273.8% during the second quarter. UBS Group AG now owns 26,112 shares of the company's stock valued at $259,000 after buying an additional 25,012 shares in the last quarter. 61.95% of the stock is currently owned by hedge funds and other institutional investors.

Target Global Acquisition I Stock Performance

Shares of NASDAQ TGAA traded up $0.01 during midday trading on Thursday, reaching $10.21. 10,352 shares of the stock were exchanged, compared to its average volume of 69,026. Target Global Acquisition I has a 52-week low of $9.73 and a 52-week high of $10.21. The stock has a 50 day moving average price of $10.13 and a 200-day moving average price of $10.03.

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.

Featured Stories

• Get a free copy of the StockNews.com research report on Target Global Acquisition I (TGAA)
• This is no Time to Buy Lennar but the Time is Coming
• Game-Changing News For Mullen Automotive
• Inflation and the Energy Crisis are Two Freight Trains on a Collision Course – Here's How to Prepare
• Is Enterprise Products Partners Fairly Valued?
• Will WhatsApp Partnership Boost MercadoLibre's Earnings?

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