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Crescera Capital Acquisition Corp. (NASDAQ:CREC) Short Interest Up 12.5% in August

Financial News Live ·  Sep 20, 2022 14:11

Crescera Capital Acquisition Corp. (NASDAQ:CREC – Get Rating) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 900 shares, a growth of 12.5% from the August 15th total of 800 shares. Based on an average daily trading volume, of 43,100 shares, the days-to-cover ratio is presently 0.0 days.

Crescera Capital Acquisition Price Performance

NASDAQ:CREC remained flat at $10.03 during midday trading on Tuesday. 4,009 shares of the company were exchanged, compared to its average volume of 63,316. The business has a 50 day moving average of $9.98 and a two-hundred day moving average of $9.94. Crescera Capital Acquisition has a 52 week low of $9.79 and a 52 week high of $10.06.

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Hedge Funds Weigh In On Crescera Capital Acquisition

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Picton Mahoney Asset Management bought a new position in Crescera Capital Acquisition during the 1st quarter valued at about $1,732,000. Karpus Management Inc. bought a new position in Crescera Capital Acquisition during the 1st quarter valued at about $1,732,000. Saba Capital Management L.P. bought a new position in Crescera Capital Acquisition during the 1st quarter valued at about $16,854,000. Governors Lane LP bought a new position in Crescera Capital Acquisition during the 1st quarter valued at about $2,969,000. Finally, Spring Creek Capital LLC bought a new position in Crescera Capital Acquisition during the 1st quarter valued at about $2,234,000.

About Crescera Capital Acquisition

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Crescera Capital Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar combination with one or more businesses in technology, healthcare, education services, consumer, and retail sectors in Latin America.

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