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Short Interest in InterPrivate IV InfraTech Partners Inc. (NASDAQ:IPVI) Declines By 81.2%

kopsource ·  Oct 26, 2022 19:12

InterPrivate IV InfraTech Partners Inc. (NASDAQ:IPVI – Get Rating) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totalling 2,600 shares, a decline of 81.2% from the September 30th total of 13,800 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 22,500 shares, the days-to-cover ratio is currently 0.1 days.

InterPrivate IV InfraTech Partners Price Performance

Shares of NASDAQ:IPVI traded up $0.01 on Wednesday, reaching $9.89. The company's stock had a trading volume of 3,262 shares, compared to its average volume of 35,867. InterPrivate IV InfraTech Partners has a 52-week low of $9.67 and a 52-week high of $10.30. The stock's 50-day moving average is $9.85 and its two-hundred day moving average is $9.81.

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Institutional Trading of InterPrivate IV InfraTech Partners

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wolverine Asset Management LLC raised its stake in shares of InterPrivate IV InfraTech Partners by 9,119.2% during the first quarter. Wolverine Asset Management LLC now owns 19,176 shares of the company's stock worth $186,000 after purchasing an additional 18,968 shares during the last quarter. Bank of Montreal Can acquired a new stake in shares of InterPrivate IV InfraTech Partners in the 1st quarter worth $467,000. Context Capital Management LLC purchased a new stake in shares of InterPrivate IV InfraTech Partners in the first quarter valued at about $488,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of InterPrivate IV InfraTech Partners during the first quarter worth about $488,000. Finally, Centiva Capital LP raised its holdings in InterPrivate IV InfraTech Partners by 14.6% during the second quarter. Centiva Capital LP now owns 69,484 shares of the company's stock worth $681,000 after purchasing an additional 8,852 shares in the last quarter. 58.10% of the stock is owned by hedge funds and other institutional investors.

InterPrivate IV InfraTech Partners Company Profile

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InterPrivate IV InfraTech Partners Inc does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other transaction with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

Further Reading

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