share_log

Blue Safari Group Acquisition Corp. (NASDAQ:BSGA) Short Interest Down 21.4% in July

Defense World ·  Aug 3, 2022 04:21

Blue Safari Group Acquisition Corp. (NASDAQ:BSGA – Get Rating) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 9,200 shares, a drop of 21.4% from the June 30th total of 11,700 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is currently 1.2 days. Currently, 0.2% of the company's shares are short sold.

Blue Safari Group Acquisition Price Performance

Shares of NASDAQ BSGA opened at $10.17 on Wednesday. The business's 50 day moving average is $10.13 and its two-hundred day moving average is $10.07. Blue Safari Group Acquisition has a 52-week low of $9.70 and a 52-week high of $10.90.

Get Blue Safari Group Acquisition alerts:

Institutional Investors Weigh In On Blue Safari Group Acquisition

Institutional investors and hedge funds have recently modified their holdings of the company. Fifth Lane Capital LP acquired a new position in Blue Safari Group Acquisition in the 4th quarter valued at about $100,000. Kepos Capital LP purchased a new position in shares of Blue Safari Group Acquisition in the fourth quarter valued at approximately $4,826,000. Davidson Kempner Capital Management LP acquired a new position in shares of Blue Safari Group Acquisition in the fourth quarter valued at approximately $3,083,000. CSS LLC IL purchased a new stake in Blue Safari Group Acquisition during the 4th quarter worth approximately $299,000. Finally, OTA Financial Group L.P. acquired a new stake in Blue Safari Group Acquisition during the 1st quarter worth approximately $602,000. Hedge funds and other institutional investors own 72.43% of the company's stock.

About Blue Safari Group Acquisition

(Get Rating)

Blue Safari Group Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the FinTech, InfoTech, and InsurTech sectors. The company was incorporated in 2021 and is based in Central, Hong Kong.

Read More

  • Get a free copy of the StockNews.com research report on Blue Safari Group Acquisition (BSGA)
  • 3 Health Care Stocks in Great Financial Health
  • Amazon Names Itself A Top Stock Of Q3 Contender
  • The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
  • Market Fundamentals Drive Results For The Williams Companies
  • Pinterest Shares Are Soaring After Earnings, Is The Stock A Buy?

Receive News & Ratings for Blue Safari Group Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Safari Group Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment