Compass Digital Acquisition Corp. (NASDAQ:CDAQW – Get Rating) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totalling 500 shares, a decrease of 91.5% from the September 15th total of 5,900 shares. Based on an average daily trading volume, of 3,200 shares, the short-interest ratio is currently 0.2 days.
Compass Digital Acquisition Price Performance
Shares of CDAQW stock opened at $0.09 on Friday. The company has a 50-day moving average of $0.14. Compass Digital Acquisition has a 1-year low of $0.05 and a 1-year high of $0.95.
Get Compass Digital Acquisition alerts:Institutional Investors Weigh In On Compass Digital Acquisition
An institutional investor recently bought a new position in Compass Digital Acquisition stock. Verition Fund Management LLC bought a new stake in shares of Compass Digital Acquisition Corp. (NASDAQ:CDAQW – Get Rating) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 58,247 shares of the company's stock, valued at approximately $26,000.
Compass Digital Acquisition Company Profile
(Get Rating)Compass Digital Acquisition Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on companies in the technology sectors, including in the technology led digital transformation software and services sector.
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