Skydeck Acquisition Corp. (NASDAQ:SKYA – Get Rating) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totalling 2,000 shares, a drop of 20.0% from the July 15th total of 2,500 shares. Based on an average trading volume of 32,600 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Skydeck Acquisition

Several institutional investors and hedge funds have recently added to or reduced their stakes in SKYA. Exos Asset Management LLC boosted its position in shares of Skydeck Acquisition by 3.4% during the 1st quarter. Exos Asset Management LLC now owns 63,183 shares of the company's stock valued at $614,000 after acquiring an additional 2,103 shares during the last quarter. Glazer Capital LLC boosted its position in shares of Skydeck Acquisition by 39,048.9% during the 4th quarter. Glazer Capital LLC now owns 90,434 shares of the company's stock valued at $873,000 after acquiring an additional 90,203 shares during the last quarter. Toronto Dominion Bank acquired a new position in shares of Skydeck Acquisition during the 4th quarter valued at about $981,000. Cantor Fitzgerald L. P. acquired a new position in shares of Skydeck Acquisition during the 1st quarter valued at about $1,372,000. Finally, Ghisallo Capital Management LLC acquired a new position in shares of Skydeck Acquisition during the 4th quarter valued at about $1,459,000.

Skydeck Acquisition Price Performance

Skydeck Acquisition stock opened at $9.81 on Friday. Skydeck Acquisition has a 1 year low of $9.60 and a 1 year high of $10.30. The company's fifty day moving average price is $9.76 and its 200 day moving average price is $9.74.

About Skydeck Acquisition

Skydeck Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Providence, Rhode Island.

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