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Short Interest in Sculptor Acquisition Corp I (NYSE:SCUA) Grows By 33.3%

Financial News Live ·  Sep 15, 2022 09:22

Sculptor Acquisition Corp I (NYSE:SCUA – Get Rating) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 400 shares, an increase of 33.3% from the August 15th total of 300 shares. Based on an average daily volume of 30,400 shares, the short-interest ratio is currently 0.0 days.

Sculptor Acquisition Corp I Price Performance

Shares of Sculptor Acquisition Corp I stock opened at $10.04 on Thursday. The stock has a fifty day moving average price of $9.97 and a 200-day moving average price of $9.93. Sculptor Acquisition Corp I has a 1 year low of $9.80 and a 1 year high of $10.30.

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Institutional Trading of Sculptor Acquisition Corp I

A hedge fund recently raised its stake in Sculptor Acquisition Corp I stock. HighTower Advisors LLC raised its position in shares of Sculptor Acquisition Corp I (NYSE:SCUA – Get Rating) by 156.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 205,000 shares of the company's stock after purchasing an additional 125,000 shares during the period. HighTower Advisors LLC owned 0.71% of Sculptor Acquisition Corp I worth $2,034,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 64.89% of the company's stock.

Sculptor Acquisition Corp I Company Profile

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Sculptor Acquisition Corp I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on businesses in gaming, leisure, location-based live sports and entertainment, hospitality, residential, digital infrastructure, logistics and healthcare businesses.

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