PowerUp Acquisition Corp. (NASDAQ:PWUP – Get Rating) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 38,500 shares, an increase of 237.7% from the August 15th total of 11,400 shares. Based on an average trading volume of 64,900 shares, the short-interest ratio is currently 0.6 days.
Institutional Trading of PowerUp Acquisition
Several hedge funds have recently modified their holdings of PWUP. Woodline Partners LP acquired a new stake in PowerUp Acquisition in the second quarter worth $1,996,000. CVI Holdings LLC bought a new stake in PowerUp Acquisition in the 2nd quarter valued at about $499,000. Nomura Holdings Inc. acquired a new position in PowerUp Acquisition during the 2nd quarter worth approximately $2,995,000. PEAK6 Investments LLC bought a new position in PowerUp Acquisition in the second quarter worth approximately $250,000. Finally, Bank of Montreal Can acquired a new stake in PowerUp Acquisition in the second quarter valued at approximately $1,361,000. Institutional investors own 77.93% of the company's stock.
Get PowerUp Acquisition alerts:PowerUp Acquisition Stock Performance
PWUP stock traded up $0.01 during mid-day trading on Tuesday, reaching $10.09. The company's stock had a trading volume of 210 shares, compared to its average volume of 63,166. PowerUp Acquisition has a 12 month low of $9.94 and a 12 month high of $10.50. The business's 50 day moving average price is $10.04.
About PowerUp Acquisition
(Get Rating)PowerUp Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire a business within the interactive media, digital media, sports, entertainment, and/or leisure areas.
See Also
- Get a free copy of the StockNews.com research report on PowerUp Acquisition (PWUP)
- This Is What To Expect From The S&P 500 Now
- The Two Things You Need To Know About Oracle's FQ1 Report
- Three Value Stocks For A Volatile Market
- 3 Energy Stocks Nearing Breakouts From Cup-Shaped Patterns
- Do These Dividend Achievers Deserve A Place In Your Portfolio?
Receive News & Ratings for PowerUp Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerUp Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.