Anthemis Digital Acquisitions I Corp (NASDAQ:ADAL – Get Rating) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 4,100 shares, a decrease of 90.0% from the November 30th total of 41,200 shares. Based on an average daily volume of 42,100 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Anthemis Digital Acquisitions I Price Performance

ADAL opened at $10.24 on Thursday. The company's 50 day moving average is $10.19 and its 200 day moving average is $10.08. Anthemis Digital Acquisitions I has a 12-month low of $6.97 and a 12-month high of $10.24.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ADAL. Sculptor Capital LP increased its stake in shares of Anthemis Digital Acquisitions I by 97.6% in the 1st quarter. Sculptor Capital LP now owns 1,556,866 shares of the company's stock worth $15,491,000 after purchasing an additional 769,132 shares in the last quarter. Millennium Management LLC lifted its position in shares of Anthemis Digital Acquisitions I by 93.9% during the 2nd quarter. Millennium Management LLC now owns 1,425,000 shares of the company's stock valued at $14,222,000 after buying an additional 690,049 shares in the last quarter. Aristeia Capital LLC lifted its position in shares of Anthemis Digital Acquisitions I by 36.7% during the 3rd quarter. Aristeia Capital LLC now owns 1,230,537 shares of the company's stock valued at $12,441,000 after buying an additional 330,537 shares in the last quarter. Periscope Capital Inc. raised its stake in Anthemis Digital Acquisitions I by 52.8% during the 3rd quarter. Periscope Capital Inc. now owns 1,224,019 shares of the company's stock worth $12,367,000 after acquiring an additional 423,119 shares during the period. Finally, Shaolin Capital Management LLC raised its stake in Anthemis Digital Acquisitions I by 230.0% during the 3rd quarter. Shaolin Capital Management LLC now owns 644,274 shares of the company's stock worth $6,514,000 after acquiring an additional 449,032 shares during the period. 68.28% of the stock is currently owned by institutional investors.

About Anthemis Digital Acquisitions I

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.

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