SHUAA Partners Acquisition Corp I (NASDAQ:SHUA – Get Rating) was the recipient of a large growth in short interest in November. As of November 30th, there was short interest totalling 18,400 shares, a growth of 68.8% from the November 15th total of 10,900 shares. Based on an average daily trading volume, of 8,200 shares, the short-interest ratio is currently 2.2 days.
SHUAA Partners Acquisition Corp I Stock Performance
SHUAA Partners Acquisition Corp I stock remained flat at $10.27 during trading on Wednesday. 2 shares of the company were exchanged, compared to its average volume of 27,423. The company has a fifty day moving average of $10.19 and a 200-day moving average of $10.08. SHUAA Partners Acquisition Corp I has a 1 year low of $9.93 and a 1 year high of $10.29.
Get SHUAA Partners Acquisition Corp I alerts:Institutional Trading of SHUAA Partners Acquisition Corp I
Institutional investors have recently modified their holdings of the stock. Shaolin Capital Management LLC purchased a new stake in SHUAA Partners Acquisition Corp I during the 3rd quarter worth approximately $5,014,000. Starboard Value LP acquired a new stake in shares of SHUAA Partners Acquisition Corp I in the second quarter worth approximately $4,473,000. Linden Advisors LP purchased a new stake in shares of SHUAA Partners Acquisition Corp I during the second quarter worth approximately $2,696,000. Cubist Systematic Strategies LLC raised its stake in SHUAA Partners Acquisition Corp I by 170.8% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 231,758 shares of the company's stock valued at $2,348,000 after purchasing an additional 146,188 shares during the last quarter. Finally, Spartan Fund Management Inc. purchased a new position in SHUAA Partners Acquisition Corp I in the 3rd quarter valued at $1,521,000.
About SHUAA Partners Acquisition Corp I
(Get Rating)SHUAA Partners Acquisition Corp I focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the technology and/or tech-enabled financial services sectors. The company was incorporated in 2021 and is based in George Town, Cayman Islands.
Featured Stories
- Get a free copy of the StockNews.com research report on SHUAA Partners Acquisition Corp I (SHUA)
- Mullen Automotive Shares Jump After Signing New Partner
- REV Group Leads Specialty Vehicle Manufacturers Higher
- NVIDIA vs AMD: Which is better for 2023?
- We Are the Champions: 3 Dividend Growers Wall Street Loves
- Will Nordstrom Stock be the Grinch This Year?
Receive News & Ratings for SHUAA Partners Acquisition Corp I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SHUAA Partners Acquisition Corp I and related companies with MarketBeat.com's FREE daily email newsletter.