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B. Riley Principal 250 Merger Corp. Warrant (NASDAQ:BRIVW) Sees Large Drop in Short Interest

Financial News Live ·  Sep 21, 2022 10:41

B. Riley Principal 250 Merger Corp. Warrant (NASDAQ:BRIVW – Get Rating) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 8,600 shares, a drop of 9.5% from the August 15th total of 9,500 shares. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is presently 1.0 days.

B. Riley Principal 250 Merger Corp. Warrant Trading Up 26.1 %

B. Riley Principal 250 Merger Corp. Warrant stock traded up $0.03 during midday trading on Wednesday, reaching $0.14. The stock had a trading volume of 900 shares, compared to its average volume of 8,728. B. Riley Principal 250 Merger Corp. Warrant has a twelve month low of $0.11 and a twelve month high of $1.84. The firm has a 50-day moving average price of $0.22.

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Institutional Inflows and Outflows

An institutional investor recently raised its position in B. Riley Principal 250 Merger Corp. Warrant stock. Q Global Advisors LLC raised its stake in B. Riley Principal 250 Merger Corp. Warrant (NASDAQ:BRIVW – Get Rating) by 102.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 108,774 shares of the company's stock after purchasing an additional 54,913 shares during the quarter. Q Global Advisors LLC's holdings in B. Riley Principal 250 Merger Corp. Warrant were worth $55,000 at the end of the most recent quarter.

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