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Digital Health Acquisition Corp. (NASDAQ:DHACW) Sees Significant Increase in Short Interest

Defense World ·  Dec 5, 2022 05:21

Digital Health Acquisition Corp. (NASDAQ:DHACW – Get Rating) was the target of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 45,200 shares, a growth of 9.2% from the October 31st total of 41,400 shares. Based on an average daily volume of 14,200 shares, the short-interest ratio is currently 3.2 days.

Institutional Investors Weigh In On Digital Health Acquisition

An institutional investor recently raised its position in Digital Health Acquisition stock. Clear Street LLC raised its stake in Digital Health Acquisition Corp. (NASDAQ:DHACW – Get Rating) by 142.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 430,785 shares of the company's stock after acquiring an additional 252,916 shares during the quarter. Clear Street LLC's holdings in Digital Health Acquisition were worth $62,000 at the end of the most recent reporting period.

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Digital Health Acquisition Price Performance

Shares of NASDAQ:DHACW opened at $0.10 on Monday. Digital Health Acquisition has a 52-week low of $0.02 and a 52-week high of $0.45. The firm has a 50-day moving average price of $0.11.

Digital Health Acquisition Company Profile

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Digital Health Acquisition Corp. focuses on entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. It intends to focus on technology and healthcare focused businesses. The company was incorporated in 2021 and is based in Boca Raton, Florida.

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