Parabellum Acquisition Corp. (NYSE:PRBM – Get Rating) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 400 shares, a decrease of 20.0% from the November 30th total of 500 shares. Based on an average daily trading volume, of 58,900 shares, the short-interest ratio is presently 0.0 days.
Parabellum Acquisition Price Performance
Shares of NYSE:PRBM traded down $0.03 on Friday, reaching $10.18. The company's stock had a trading volume of 304 shares, compared to its average volume of 30,680. The stock's 50-day moving average is $10.08 and its two-hundred day moving average is $9.96. Parabellum Acquisition has a 52-week low of $9.73 and a 52-week high of $10.28.
Get
Parabellum Acquisition alerts:
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Centiva Capital LP acquired a new position in shares of Parabellum Acquisition during the second quarter worth about $140,000. Basso Capital Management L.P. increased its stake in shares of Parabellum Acquisition by 53.6% during the first quarter. Basso Capital Management L.P. now owns 9,748 shares of the company's stock worth $96,000 after acquiring an additional 3,400 shares during the period. Mint Tower Capital Management B.V. acquired a new position in shares of Parabellum Acquisition during the third quarter worth about $781,000. Saba Capital Management L.P. increased its stake in shares of Parabellum Acquisition by 9.6% during the third quarter. Saba Capital Management L.P. now owns 1,057,885 shares of the company's stock worth $10,462,000 after acquiring an additional 92,600 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in shares of Parabellum Acquisition during the third quarter worth about $130,000. 61.49% of the stock is currently owned by institutional investors and hedge funds.
About Parabellum Acquisition
(Get Rating)
Parabellum Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Dallas, Texas.
Read More
- Get a free copy of the StockNews.com research report on Parabellum Acquisition (PRBM)
- MarketBeat: Week in Review 12/26 – 12/30
- The Dogs Of Tech: It's Time For A Bite Of These Stocks
- Does This Acquisition Make Microsoft a Bear Market Buy?
- Should You Warm up to Generac Stock for the Winter?
- Is Kintara Therapeutics A Hidden Gem?
Receive News & Ratings for Parabellum Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Parabellum Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
