Anthemis Digital Acquisitions I Corp (NASDAQ:ADAL – Get Rating) was the target of a significant increase in short interest in November. As of November 30th, there was short interest totalling 41,200 shares, an increase of 1,044.4% from the November 15th total of 3,600 shares. Approximately 0.2% of the company's stock are sold short. Based on an average trading volume of 52,400 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of Anthemis Digital Acquisitions I

Several large investors have recently bought and sold shares of ADAL. Robinson Capital Management LLC purchased a new stake in Anthemis Digital Acquisitions I in the second quarter valued at approximately $172,000. Walleye Trading LLC acquired a new stake in Anthemis Digital Acquisitions I in the first quarter valued at approximately $179,000. Walleye Capital LLC acquired a new position in shares of Anthemis Digital Acquisitions I during the 1st quarter worth approximately $197,000. Toroso Investments LLC lifted its holdings in Anthemis Digital Acquisitions I by 14.7% during the third quarter. Toroso Investments LLC now owns 19,818 shares of the company's stock valued at $200,000 after purchasing an additional 2,534 shares in the last quarter. Finally, Hsbc Holdings PLC acquired a new position in shares of Anthemis Digital Acquisitions I during the third quarter valued at approximately $226,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

Anthemis Digital Acquisitions I Stock Performance

Shares of ADAL stock opened at $10.22 on Tuesday. Anthemis Digital Acquisitions I has a fifty-two week low of $6.97 and a fifty-two week high of $10.23. The stock's 50-day simple moving average is $10.15 and its 200-day simple moving average is $10.05.

Anthemis Digital Acquisitions I Company Profile

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.

Further Reading

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