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Vahanna Tech Edge Acquisition I Corp. (NASDAQ:VHNAW) Sees Significant Decrease in Short Interest

kopsource ·  Sep 15, 2022 19:42

Vahanna Tech Edge Acquisition I Corp. (NASDAQ:VHNAW – Get Rating) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the August 15th total of 200 shares. Based on an average daily trading volume, of 6,100 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On Vahanna Tech Edge Acquisition I

Several institutional investors and hedge funds have recently modified their holdings of VHNAW. Spring Creek Capital LLC bought a new stake in Vahanna Tech Edge Acquisition I in the 1st quarter valued at $25,000. Picton Mahoney Asset Management acquired a new position in shares of Vahanna Tech Edge Acquisition I during the first quarter worth about $26,000. Fortress Investment Group LLC bought a new position in shares of Vahanna Tech Edge Acquisition I during the first quarter worth about $27,000. P Schoenfeld Asset Management LP acquired a new stake in Vahanna Tech Edge Acquisition I in the 1st quarter valued at approximately $42,000. Finally, B. Riley Financial Inc. bought a new stake in Vahanna Tech Edge Acquisition I in the 1st quarter valued at approximately $52,000.

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Vahanna Tech Edge Acquisition I Price Performance

Shares of Vahanna Tech Edge Acquisition I stock traded down $0.08 during trading hours on Thursday, hitting $0.10. The company's stock had a trading volume of 1,860 shares, compared to its average volume of 15,071. The stock has a 50 day simple moving average of $0.15. Vahanna Tech Edge Acquisition I has a 12 month low of $0.06 and a 12 month high of $0.50.

About Vahanna Tech Edge Acquisition I

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Vahanna Tech Edge Acquisition I Corp. intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on acquiring business within the technology sector. The company was incorporated in 2021 and is based in New York, New York.

Further Reading

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