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Short Interest in Osiris Acquisition Corp. (NYSE:OSI) Increases By 100.0%

Financial News Live ·  Jul 31, 2022 16:11

Osiris Acquisition Corp. (NYSE:OSI – Get Rating) saw a significant growth in short interest in July. As of July 15th, there was short interest totalling 2,600 shares, a growth of 100.0% from the June 30th total of 1,300 shares. Based on an average daily volume of 13,500 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company's stock are short sold.

Osiris Acquisition Price Performance

Shares of OSI stock remained flat at $9.77 during trading hours on Friday. The stock had a trading volume of 5,200 shares, compared to its average volume of 20,545. Osiris Acquisition has a 52 week low of $9.56 and a 52 week high of $10.00. The firm has a 50 day moving average of $9.75 and a two-hundred day moving average of $9.72.

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Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Mariner Investment Group LLC bought a new stake in Osiris Acquisition during the fourth quarter worth $131,000. Karpus Management Inc. bought a new stake in Osiris Acquisition during the first quarter worth $194,000. Saba Capital Management L.P. increased its position in Osiris Acquisition by 45.9% in the first quarter. Saba Capital Management L.P. now owns 407,046 shares of the company's stock worth $3,956,000 after buying an additional 128,100 shares during the last quarter. Finally, Bank of America Corp DE purchased a new stake in Osiris Acquisition in the first quarter worth $3,988,000. Institutional investors own 68.17% of the company's stock.

About Osiris Acquisition

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Osiris Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. Osiris Acquisition Corp. was incorporated in 2020 and is based in New York, New York.

Further Reading

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