C5 Acquisition Co. (NYSE:CXAC – Get Rating) saw a large increase in short interest in December. As of December 30th, there was short interest totalling 1,100 shares, an increase of 120.0% from the December 15th total of 500 shares. Based on an average daily volume of 46,900 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of C5 Acquisition

Hedge funds and other institutional investors have recently modified their holdings of the company. State Street Corp acquired a new position in shares of C5 Acquisition during the 2nd quarter worth $108,000. Starboard Value LP bought a new stake in C5 Acquisition in the first quarter worth $4,353,000. Shaolin Capital Management LLC raised its holdings in C5 Acquisition by 25.0% during the third quarter. Shaolin Capital Management LLC now owns 500,000 shares of the company's stock valued at $5,015,000 after buying an additional 100,000 shares in the last quarter. Finally, Bank of Montreal Can acquired a new stake in shares of C5 Acquisition in the second quarter worth about $11,964,000. 90.30% of the stock is currently owned by hedge funds and other institutional investors.

C5 Acquisition Price Performance

Shares of NYSE CXAC remained flat at $10.29 during mid-day trading on Friday. The company had a trading volume of 222,483 shares, compared to its average volume of 65,408. The business has a fifty day moving average price of $10.18 and a 200-day moving average price of $10.07. C5 Acquisition has a twelve month low of $9.87 and a twelve month high of $10.29.

C5 Acquisition Company Profile

C5 Acquisition Corporation does not have significant operations. The company intends to effect a merger, consolidation, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. C5 Acquisition Corporation was incorporated in 2021 and is based in Washington, the District of Columbia.

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