Kadem Sustainable Impact Co. (NASDAQ:KSICW – Get Rating) was the target of a large decrease in short interest in the month of July. As of July 31st, there was short interest totalling 6,100 shares, a decrease of 6.2% from the July 15th total of 6,500 shares. Based on an average trading volume of 1,500 shares, the short-interest ratio is presently 4.1 days.
Kadem Sustainable Impact Stock Performance
Shares of Kadem Sustainable Impact stock opened at $0.10 on Friday. The business's fifty day simple moving average is $0.10. Kadem Sustainable Impact has a fifty-two week low of $0.08 and a fifty-two week high of $0.72.
Get Kadem Sustainable Impact alerts:Hedge Funds Weigh In On Kadem Sustainable Impact
A hedge fund recently raised its stake in Kadem Sustainable Impact stock. Aristeia Capital LLC increased its position in shares of Kadem Sustainable Impact Co. (NASDAQ:KSICW – Get Rating) by 249.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 350,200 shares of the company's stock after purchasing an additional 250,000 shares during the period. Aristeia Capital LLC's holdings in Kadem Sustainable Impact were worth $61,000 at the end of the most recent quarter.
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