Vahanna Tech Edge Acquisition I Corp. (NASDAQ:VHNA – Get Rating) saw a significant increase in short interest in August. As of August 15th, there was short interest totalling 2,700 shares, an increase of 80.0% from the July 31st total of 1,500 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 33,400 shares, the days-to-cover ratio is currently 0.1 days.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in VHNA. Rivernorth Capital Management LLC purchased a new position in shares of Vahanna Tech Edge Acquisition I in the 1st quarter valued at approximately $395,000. Basso Capital Management L.P. acquired a new stake in shares of Vahanna Tech Edge Acquisition I during the 1st quarter worth approximately $749,000. Bank of America Corp DE acquired a new stake in shares of Vahanna Tech Edge Acquisition I during the 1st quarter worth approximately $991,000. TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in Vahanna Tech Edge Acquisition I in the 1st quarter valued at $999,000. Finally, Spring Creek Capital LLC acquired a new stake in Vahanna Tech Edge Acquisition I in the 1st quarter valued at $1,493,000.
Get Vahanna Tech Edge Acquisition I alerts:Vahanna Tech Edge Acquisition I Stock Performance
Vahanna Tech Edge Acquisition I stock opened at $10.07 on Friday. Vahanna Tech Edge Acquisition I has a 52-week low of $9.85 and a 52-week high of $10.48. The company's fifty day simple moving average is $10.00.
About Vahanna Tech Edge Acquisition I
(Get Rating)Vahanna Tech Edge Acquisition I Corp. does not have significant business. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
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