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VMG Consumer Acquisition Corp. (NASDAQ:VMGAW) Short Interest Up 550.0% in July

Defense World ·  Aug 11, 2022 04:21

VMG Consumer Acquisition Corp. (NASDAQ:VMGAW – Get Rating) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 2,600 shares, a growth of 550.0% from the July 15th total of 400 shares. Based on an average daily volume of 12,100 shares, the short-interest ratio is currently 0.2 days.

VMG Consumer Acquisition Stock Performance

Shares of VMG Consumer Acquisition stock opened at $0.14 on Thursday. The stock has a 50 day moving average of $0.16. VMG Consumer Acquisition has a one year low of $0.09 and a one year high of $0.60.

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Hedge Funds Weigh In On VMG Consumer Acquisition

A number of large investors have recently bought and sold shares of VMGAW. MMCAP International Inc. SPC purchased a new stake in shares of VMG Consumer Acquisition in the first quarter worth $79,000. Highbridge Capital Management LLC purchased a new stake in shares of VMG Consumer Acquisition during the first quarter worth about $83,000. Basso Capital Management L.P. purchased a new stake in shares of VMG Consumer Acquisition during the first quarter worth about $30,000. Verition Fund Management LLC purchased a new stake in shares of VMG Consumer Acquisition during the first quarter worth about $56,000. Finally, Aristeia Capital LLC purchased a new stake in shares of VMG Consumer Acquisition during the first quarter worth about $98,000.

VMG Consumer Acquisition Company Profile

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VMG Consumer Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring consumer and retail companies across a range of industry verticals, such as food and beverage, beauty and personal care, health and wellness, pet products and services, household products, and multi-unit retailers/services, as well as apparel, footwear, and accessories.

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