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Sculptor Acquisition Corp I (NYSE:SCUA) Sees Significant Decrease in Short Interest

Financial News Live ·  Aug 13, 2022 19:21

Sculptor Acquisition Corp I (NYSE:SCUA – Get Rating) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 1,300 shares, a drop of 27.8% from the July 15th total of 1,800 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 26,700 shares, the short-interest ratio is currently 0.0 days.

Sculptor Acquisition Corp I Price Performance

SCUA remained flat at $9.97 during trading on Friday. 2,378 shares of the company's stock traded hands, compared to its average volume of 17,364. Sculptor Acquisition Corp I has a fifty-two week low of $9.80 and a fifty-two week high of $10.30. The company has a 50 day moving average price of $9.93.

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Institutional Inflows and Outflows

A hedge fund recently raised its stake in Sculptor Acquisition Corp I stock. HighTower Advisors LLC grew its holdings in Sculptor Acquisition Corp I (NYSE:SCUA – Get Rating) by 156.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 205,000 shares of the company's stock after acquiring an additional 125,000 shares during the period. HighTower Advisors LLC owned 0.71% of Sculptor Acquisition Corp I worth $2,034,000 as of its most recent SEC filing.

About Sculptor Acquisition Corp I

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Sculptor Acquisition Corp I 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. The company intends to focus on businesses in gaming, leisure, location-based live sports and entertainment, hospitality, residential, digital infrastructure, logistics and healthcare businesses.

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