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

kopsource ·  Oct 30, 2022 09:13

B. Riley Principal 250 Merger Corp. Warrant (NASDAQ:BRIVW – Get Rating) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 6,000 shares, a drop of 10.4% from the September 30th total of 6,700 shares. Based on an average trading volume of 8,700 shares, the short-interest ratio is presently 0.7 days.

B. Riley Principal 250 Merger Corp. Warrant Price Performance

Shares of NASDAQ:BRIVW opened at $0.21 on Friday. B. Riley Principal 250 Merger Corp. Warrant has a 1-year low of $0.07 and a 1-year high of $1.84. The stock's 50-day moving average price is $0.14.

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Institutional Investors Weigh In On B. Riley Principal 250 Merger Corp. Warrant

A hedge fund recently raised its stake 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. The firm owned 108,774 shares of the company's stock after buying 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 as of its most recent filing with the Securities and Exchange Commission.

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