Industrial Tech Acquisitions II, Inc. (NASDAQ:ITAQ – Get Rating) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 200 shares, a growth of 100.0% from the July 15th total of 100 shares. Based on an average daily trading volume, of 15,200 shares, the short-interest ratio is currently 0.0 days.
Industrial Tech Acquisitions II Price Performance
NASDAQ ITAQ traded up $0.05 during trading on Thursday, reaching $10.04. 150 shares of the company's stock were exchanged, compared to its average volume of 21,184. The stock has a 50 day simple moving average of $9.96. Industrial Tech Acquisitions II has a 1 year low of $9.83 and a 1 year high of $10.04.
Get Industrial Tech Acquisitions II alerts:Institutional Trading of Industrial Tech Acquisitions II
Hedge funds and other institutional investors have recently made changes to their positions in the company. Saba Capital Management L.P. acquired a new position in Industrial Tech Acquisitions II in the 1st quarter valued at about $14,051,000. Highbridge Capital Management LLC purchased a new stake in Industrial Tech Acquisitions II in the 1st quarter valued at approximately $8,089,000. Polar Asset Management Partners Inc. purchased a new stake in Industrial Tech Acquisitions II in the 1st quarter valued at approximately $6,965,000. Radcliffe Capital Management L.P. purchased a new stake in Industrial Tech Acquisitions II in the 1st quarter valued at approximately $5,272,000. Finally, Spring Creek Capital LLC purchased a new stake in Industrial Tech Acquisitions II in the 1st quarter valued at approximately $4,473,000. Institutional investors and hedge funds own 1.16% of the company's stock.
Industrial Tech Acquisitions II Company Profile
(Get Rating)Industrial Tech Acquisitions II, Inc does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on targets operating in the technology-focused areas, including software, mobile and IoT applications, digital and energy transformation, cloud, and cyber communications, as well as high bandwidth services, including LTE, remote sensing, and 5G communications.
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