Parabellum Acquisition Corp. (NYSE:PRBM – Get Rating) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 1,900 shares, a growth of 35.7% from the June 30th total of 1,400 shares. Based on an average trading volume of 5,800 shares, the short-interest ratio is currently 0.3 days.
Parabellum Acquisition Stock Down 0.2 %
Shares of PRBM stock opened at $9.89 on Monday. The business's fifty day moving average price is $9.86 and its 200 day moving average price is $9.83. Parabellum Acquisition has a 1-year low of $9.73 and a 1-year high of $10.05.
Get Parabellum Acquisition alerts:Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of PRBM. Texas Yale Capital Corp. acquired a new position in Parabellum Acquisition during the fourth quarter worth $98,000. Saba Capital Management L.P. grew its holdings in Parabellum Acquisition by 18.0% in the fourth quarter. Saba Capital Management L.P. now owns 761,420 shares of the company's stock valued at $7,424,000 after purchasing an additional 116,152 shares during the last quarter. Beryl Capital Management LLC grew its holdings in Parabellum Acquisition by 347.2% in the fourth quarter. Beryl Capital Management LLC now owns 670,864 shares of the company's stock valued at $6,541,000 after purchasing an additional 520,864 shares during the last quarter. Basso Capital Management L.P. grew its holdings in Parabellum Acquisition by 53.6% in the first quarter. Basso Capital Management L.P. now owns 9,748 shares of the company's stock valued at $96,000 after purchasing an additional 3,400 shares during the last quarter. Finally, Verition Fund Management LLC acquired a new stake in Parabellum Acquisition in the first quarter valued at $1,551,000.
Parabellum Acquisition Company Profile
(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.
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