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Crescera Capital Acquisition Corp. (NASDAQ:CREC) Sees Significant Decline in Short Interest

Defense World ·  Aug 13, 2022 02:41

Crescera Capital Acquisition Corp. (NASDAQ:CREC – Get Rating) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totalling 800 shares, a decrease of 27.3% from the July 15th total of 1,100 shares. Based on an average daily trading volume, of 29,400 shares, the days-to-cover ratio is presently 0.0 days.

Crescera Capital Acquisition Price Performance

Shares of CREC opened at $9.96 on Friday. The company has a 50 day moving average price of $9.95 and a 200-day moving average price of $9.91. Crescera Capital Acquisition has a fifty-two week low of $9.79 and a fifty-two week high of $9.99.

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Institutional Trading of Crescera Capital Acquisition

A number of hedge funds have recently bought and sold shares of the stock. Wealthspring Capital LLC purchased a new stake in Crescera Capital Acquisition during the second quarter valued at approximately $130,000. Robinson Capital Management LLC acquired a new position in Crescera Capital Acquisition during the 2nd quarter valued at about $177,000. Berkley W R Corp purchased a new stake in Crescera Capital Acquisition in the first quarter valued at about $244,000. Bank of Montreal Can acquired a new stake in Crescera Capital Acquisition in the first quarter worth about $247,000. Finally, UBS Group AG purchased a new stake in shares of Crescera Capital Acquisition during the first quarter worth about $247,000. Hedge funds and other institutional investors own 99.00% of the company's stock.

Crescera Capital Acquisition Company Profile

(Get Rating)

Crescera Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses in technology, healthcare, education services, consumer, and retail sectors in Latin America.

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