Signal Hill Acquisition Corp. (NASDAQ:SGHLW – Get Rating) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 3,000 shares, a growth of 50.0% from the November 15th total of 2,000 shares. Based on an average daily trading volume, of 7,700 shares, the days-to-cover ratio is currently 0.4 days.
Signal Hill Acquisition Price Performance
NASDAQ:SGHLW remained flat at $0.01 during trading hours on Thursday. The business has a fifty day moving average price of $0.04 and a 200-day moving average price of $0.11. Signal Hill Acquisition has a fifty-two week low of $0.01 and a fifty-two week high of $0.22.
Get Signal Hill Acquisition alerts:Institutional Trading of Signal Hill Acquisition
A hedge fund recently bought a new stake in Signal Hill Acquisition stock. Saba Capital Management L.P. bought a new position in Signal Hill Acquisition Corp. (NASDAQ:SGHLW – Get Rating) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 149,999 shares of the company's stock, valued at approximately $28,000.
About Signal Hill Acquisition
(Get Rating)Signal Hill Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on direct-to-consumer media, technology, or emerging digital enterprise focused businesses.
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