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Short Interest in bleuacacia ltd (NASDAQ:BLEUR) Drops By 44.7%

kopsource ·  Aug 13, 2022 17:22

bleuacacia ltd (NASDAQ:BLEUR – Get Rating) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totalling 2,600 shares, a decline of 44.7% from the July 15th total of 4,700 shares. Based on an average daily volume of 58,200 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of bleuacacia

An institutional investor recently raised its position in bleuacacia stock. Clear Street LLC lifted its stake in shares of bleuacacia ltd (NASDAQ:BLEUR – Get Rating) by 1,653.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,361,906 shares of the company's stock after purchasing an additional 1,284,231 shares during the period. Clear Street LLC's holdings in bleuacacia were worth $177,000 at the end of the most recent reporting period.

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bleuacacia Price Performance

Shares of NASDAQ:BLEUR remained flat at $0.13 on Friday. bleuacacia has a 52-week low of $0.09 and a 52-week high of $0.25.

About bleuacacia

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bleuacacia ltd does not have significant operations. It intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on its search on a premium branded consumer retail business. The company was incorporated in 2021 and is based in New York, New York.

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