Ahren Acquisition Corp. (NASDAQ:AHRNW – Get Rating) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 1,200 shares, a decline of 7.7% from the August 31st total of 1,300 shares. Based on an average trading volume of 23,600 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Trading of Ahren Acquisition
Institutional investors and hedge funds have recently modified their holdings of the company. PEAK6 Investments LLC raised its stake in Ahren Acquisition by 15.3% during the 2nd quarter. PEAK6 Investments LLC now owns 1,037,500 shares of the company's stock valued at $109,000 after purchasing an additional 137,500 shares during the last quarter. Taconic Capital Advisors LP acquired a new position in Ahren Acquisition during the 1st quarter valued at $50,000. Spring Creek Capital LLC acquired a new position in Ahren Acquisition during the 1st quarter valued at $30,000. Sculptor Capital LP acquired a new position in Ahren Acquisition during the 1st quarter valued at $263,000. Finally, Polar Asset Management Partners Inc. acquired a new position in Ahren Acquisition during the 1st quarter valued at $385,000.
Get Ahren Acquisition alerts:Ahren Acquisition Price Performance
NASDAQ AHRNW opened at $0.12 on Friday. The company has a 50 day simple moving average of $0.15. Ahren Acquisition has a 12-month low of $0.09 and a 12-month high of $0.47.
Ahren Acquisition Company Profile
(Get Rating)Ahren Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and complete a business combination with a company fueled by deep technology and/or deep science.
Recommended Stories
- Get a free copy of the StockNews.com research report on Ahren Acquisition (AHRNW)
- EV Battery Maker Freyr Set For Major Global Expansion
- MarketBeat: Week in Review 9/26 – 9/30
- This Is A Memorable Time To Buy Into Micron Technology
- How Does Keurig Dr Pepper Compare To Larger Rivals Coke & Pepsi?
- Declining Profits Challenge the CarMax Value Proposition
Receive News & Ratings for Ahren Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ahren Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.