SHUAA Partners Acquisition Corp I (NASDAQ:SHUA – Get Rating) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 41,100 shares, an increase of 675.5% from the August 15th total of 5,300 shares. Based on an average daily trading volume, of 12,000 shares, the short-interest ratio is currently 3.4 days.
Institutional Trading of SHUAA Partners Acquisition Corp I
A number of hedge funds have recently made changes to their positions in SHUA. OLD Mission Capital LLC acquired a new stake in shares of SHUAA Partners Acquisition Corp I in the second quarter valued at approximately $750,000. Skaana Management L.P. acquired a new stake in SHUAA Partners Acquisition Corp I during the 2nd quarter worth approximately $834,000. Starboard Value LP acquired a new stake in SHUAA Partners Acquisition Corp I during the 2nd quarter worth approximately $4,473,000. Karpus Management Inc. acquired a new stake in SHUAA Partners Acquisition Corp I during the 2nd quarter worth approximately $500,000. Finally, Exos Asset Management LLC acquired a new stake in SHUAA Partners Acquisition Corp I during the 2nd quarter worth approximately $334,000.
Get SHUAA Partners Acquisition Corp I alerts:SHUAA Partners Acquisition Corp I Price Performance
Shares of SHUA remained flat at $10.07 during mid-day trading on Tuesday. SHUAA Partners Acquisition Corp I has a 52 week low of $9.93 and a 52 week high of $10.10. The business has a 50-day moving average of $10.01.
SHUAA Partners Acquisition Corp I Company Profile
(Get Rating)SHUAA Partners Acquisition Corp I focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the technology and/or tech-enabled financial services sectors. The company was incorporated in 2021 and is based in George Town, Cayman Islands.
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