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B. Riley Principal 250 Merger Corp. Warrant (NASDAQ:BRIVW) Short Interest Down 10.4% in October

Financial News Live ·  Nov 1, 2022 15:02

B. Riley Principal 250 Merger Corp. Warrant (NASDAQ:BRIVW – Get Rating) was the target of a large 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 daily trading volume, of 8,700 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds 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 boosted its position in B. Riley Principal 250 Merger Corp. Warrant (NASDAQ:BRIVW – Get Rating) by 102.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 108,774 shares of the company's stock after buying an additional 54,913 shares during the period. Q Global Advisors LLC's holdings in B. Riley Principal 250 Merger Corp. Warrant were worth $55,000 at the end of the most recent quarter.

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B. Riley Principal 250 Merger Corp. Warrant Stock Performance

Shares of NASDAQ BRIVW remained flat at $0.21 during midday trading on Tuesday. The stock has a 50-day moving average of $0.14. B. Riley Principal 250 Merger Corp. Warrant has a 52 week low of $0.07 and a 52 week high of $1.84.

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