LDH Growth Corp I (NASDAQ:LDHA – Get Rating) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 9,900 shares, an increase of 86.8% from the October 15th total of 5,300 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 60,300 shares, the short-interest ratio is presently 0.2 days.
Institutional Investors Weigh In On LDH Growth Corp I
Hedge funds have recently added to or reduced their stakes in the company. UBS Group AG lifted its stake in LDH Growth Corp I by 167.3% during the third quarter. UBS Group AG now owns 3,301 shares of the company's stock worth $33,000 after purchasing an additional 2,066 shares during the last quarter. DAVENPORT & Co LLC purchased a new position in shares of LDH Growth Corp I in the first quarter worth about $117,000. Context Capital Management LLC purchased a new position in shares of LDH Growth Corp I in the first quarter worth about $230,000. Bank of America Corp DE purchased a new position in shares of LDH Growth Corp I in the first quarter worth about $587,000. Finally, Wealthspring Capital LLC purchased a new position in shares of LDH Growth Corp I in the second quarter worth about $763,000. Institutional investors own 80.23% of the company's stock.
Get LDH Growth Corp I alerts:LDH Growth Corp I Stock Performance
LDHA stock remained flat at $9.99 during mid-day trading on Friday. The firm has a fifty day moving average of $9.93 and a 200-day moving average of $9.85. LDH Growth Corp I has a 52-week low of $9.62 and a 52-week high of $10.40.
About LDH Growth Corp I
(Get Rating)LDH Growth Corp I does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in a technology-enabled sector. The company was incorporated in 2020 and is based in Miami, Florida.
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