share_log

ALSP Orchid Acquisition Co. I (NASDAQ:ALOR) Short Interest Down 41.3% in November

Defense World ·  Dec 15, 2022 03:01

ALSP Orchid Acquisition Co. I (NASDAQ:ALOR – Get Rating) was the target of a large drop in short interest in November. As of November 30th, there was short interest totalling 5,400 shares, a drop of 41.3% from the November 15th total of 9,200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 35,000 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Elequin Capital LP bought a new position in shares of ALSP Orchid Acquisition Co. I in the third quarter worth about $37,000. Whitebox Advisors LLC bought a new position in ALSP Orchid Acquisition Co. I in the 3rd quarter worth approximately $100,000. State Street Corp acquired a new position in shares of ALSP Orchid Acquisition Co. I during the third quarter worth approximately $103,000. Verition Fund Management LLC lifted its holdings in shares of ALSP Orchid Acquisition Co. I by 17.4% during the third quarter. Verition Fund Management LLC now owns 137,833 shares of the company's stock worth $1,382,000 after buying an additional 20,433 shares during the last quarter. Finally, Karpus Management Inc. grew its stake in shares of ALSP Orchid Acquisition Co. I by 18.8% in the second quarter. Karpus Management Inc. now owns 159,825 shares of the company's stock worth $1,595,000 after acquiring an additional 25,325 shares during the last quarter. Institutional investors and hedge funds own 60.69% of the company's stock.

Get ALSP Orchid Acquisition Co. I alerts:

ALSP Orchid Acquisition Co. I Stock Performance

Shares of ALSP Orchid Acquisition Co. I stock opened at $10.24 on Thursday. The firm has a fifty day simple moving average of $10.14 and a 200-day simple moving average of $10.06. ALSP Orchid Acquisition Co. I has a 1-year low of $9.47 and a 1-year high of $10.69.

About ALSP Orchid Acquisition Co. I

(Get Rating)

ALSP Orchid Acquisition Corporation I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to target life science companies in North America and Singapore.

See Also

  • Get a free copy of the StockNews.com research report on ALSP Orchid Acquisition Co. I (ALOR)
  • Is Enterprise Products Partners Fairly Valued?
  • Will WhatsApp Partnership Boost MercadoLibre's Earnings?
  • 3 Mid-Caps That Could Double in 2023
  • Mullen Automotive Shares Jump After Signing New Partner
  • REV Group Leads Specialty Vehicle Manufacturers Higher

Receive News & Ratings for ALSP Orchid Acquisition Co. I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ALSP Orchid Acquisition Co. I and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment