Industrial Tech Acquisitions II, Inc. (NASDAQ:ITAQ – Get Rating) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 4,400 shares, an increase of 4,300.0% from the August 15th total of 100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 13,100 shares, the short-interest ratio is currently 0.3 days.
Hedge Funds Weigh In On Industrial Tech Acquisitions II
A number of hedge funds have recently made changes to their positions in ITAQ. State Street Corp purchased a new position in Industrial Tech Acquisitions II in the 2nd quarter valued at approximately $109,000. Goldman Sachs Group Inc. acquired a new stake in shares of Industrial Tech Acquisitions II in the 1st quarter valued at $199,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Industrial Tech Acquisitions II in the 1st quarter valued at $398,000. Kohlberg Kravis Roberts & Co. L.P. acquired a new stake in shares of Industrial Tech Acquisitions II in the 1st quarter valued at $497,000. Finally, Berkley W R Corp acquired a new stake in shares of Industrial Tech Acquisitions II in the 1st quarter valued at $737,000.
Get Industrial Tech Acquisitions II alerts:Industrial Tech Acquisitions II Price Performance
ITAQ stock opened at $10.01 on Wednesday. Industrial Tech Acquisitions II has a 12 month low of $9.83 and a 12 month high of $10.04. The company has a 50-day simple moving average of $9.98.
Industrial Tech Acquisitions II Company Profile
(Get Rating)Industrial Tech Acquisitions II, Inc does not have significant operations. The company 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 its search on targets operating in the technology-focused areas, including software, mobile and IoT applications, digital and energy transformation, cloud, and cyber communications, as well as high bandwidth services, including LTE, remote sensing, and 5G communications.
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