Canna-Global Acquisition Corp (NASDAQ:CNGL ) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 3,900 shares, a growth of 62.5% from the October 31st total of 2,400 shares. Based on an average trading volume of 44,100 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.
Institutional Trading of Canna-Global Acquisition
Institutional investors and hedge funds have recently bought and sold shares of the stock. Robinson Capital Management LLC raised its holdings in Canna-Global Acquisition by 100.0% during the 3rd quarter. Robinson Capital Management LLC now owns 3,552 shares of the company's stock worth $36,000 after buying an additional 1,776 shares during the period. Virtu Financial LLC acquired a new position in shares of Canna-Global Acquisition in the 3rd quarter valued at about $212,000. Cubist Systematic Strategies LLC acquired a new position in shares of Canna-Global Acquisition in the 2nd quarter valued at about $264,000. Bank of Montreal Can acquired a new position in shares of Canna-Global Acquisition in the 1st quarter valued at about $269,000. Finally, RiverPark Advisors LLC acquired a new position in shares of Canna-Global Acquisition in the 1st quarter valued at about $581,000.
Canna-Global Acquisition Stock Performance
NASDAQ CNGL remained flat at $10.24 on Thursday. The company's stock had a trading volume of 51 shares, compared to its average volume of 22,034. The company's fifty day moving average price is $10.17 and its 200 day moving average price is $10.09. Canna-Global Acquisition has a 12-month low of $9.78 and a 12-month high of $10.77.
About Canna-Global Acquisition
Canna-Global Acquisition Corp intends to acquire, engages in share exchange, share reconstruction, and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination. It focuses on identify and acquiring a business in the cannabis sector.