Sizzle Acquisition Corp. (NASDAQ:SZZL – Get Rating) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 7,400 shares, a growth of 131.3% from the September 30th total of 3,200 shares. Approximately 0.1% of the company's stock are short sold. Based on an average trading volume of 72,000 shares, the short-interest ratio is presently 0.1 days.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of SZZL. Centiva Capital LP bought a new position in Sizzle Acquisition in the 2nd quarter worth approximately $127,000. Dakota Wealth Management bought a new stake in Sizzle Acquisition during the 1st quarter worth about $153,000. State Street Corp bought a new stake in Sizzle Acquisition during the 1st quarter worth about $179,000. Dupont Capital Management Corp bought a new stake in Sizzle Acquisition during the 1st quarter worth about $249,000. Finally, OMERS ADMINISTRATION Corp bought a new stake in Sizzle Acquisition during the 1st quarter worth about $249,000. Institutional investors own 55.27% of the company's stock.
Get Sizzle Acquisition alerts:Sizzle Acquisition Stock Up 0.7 %
Shares of NASDAQ SZZL traded up $0.07 during mid-day trading on Wednesday, hitting $10.27. The company had a trading volume of 612 shares, compared to its average volume of 72,398. The business's 50-day simple moving average is $10.07 and its 200-day simple moving average is $10.05. Sizzle Acquisition has a 12 month low of $9.75 and a 12 month high of $10.70.
Sizzle Acquisition Company Profile
(Get Rating)Sizzle Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It focuses on investing in the restaurant, hospitality, food and beverage, retail, consumer, food and food related technology, and real estate industries.
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