Anthemis Digital Acquisitions I Corp (NASDAQ:ADAL – Get Rating) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 5,200 shares, a decrease of 44.1% from the August 15th total of 9,300 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 44,700 shares, the short-interest ratio is presently 0.1 days.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ADAL. Robinson Capital Management LLC purchased a new position in Anthemis Digital Acquisitions I in the second quarter valued at about $172,000. Walleye Trading LLC purchased a new position in Anthemis Digital Acquisitions I in the first quarter valued at about $179,000. Walleye Capital LLC purchased a new stake in shares of Anthemis Digital Acquisitions I during the 1st quarter valued at approximately $197,000. PEAK6 Investments LLC purchased a new stake in shares of Anthemis Digital Acquisitions I during the 1st quarter valued at approximately $249,000. Finally, Glazer Capital LLC purchased a new stake in shares of Anthemis Digital Acquisitions I during the 1st quarter valued at approximately $339,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.
Get Anthemis Digital Acquisitions I alerts:Anthemis Digital Acquisitions I Price Performance
Shares of ADAL stock opened at $10.06 on Thursday. Anthemis Digital Acquisitions I has a 52-week low of $6.97 and a 52-week high of $10.06. The company has a 50-day simple moving average of $10.01 and a two-hundred day simple moving average of $9.97.
About Anthemis Digital Acquisitions I
(Get Rating)Anthemis Digital Acquisitions I Corp does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus its efforts in the areas of digital financial services or modern financial technology.
Further Reading
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