share_log

Nocturne Acquisition Co. (NASDAQ:MBTC) Sees Significant Growth in Short Interest

kopsource ·  Dec 18, 2022 06:22

Nocturne Acquisition Co. (NASDAQ:MBTC – Get Rating) was the target of a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 3,000 shares, an increase of 11.1% from the November 15th total of 2,700 shares. Based on an average trading volume of 3,700 shares, the short-interest ratio is currently 0.8 days. Currently, 0.1% of the company's stock are short sold.

Nocturne Acquisition Price Performance

Shares of MBTC stock opened at $10.52 on Friday. The stock's 50 day simple moving average is $10.49 and its 200 day simple moving average is $10.34. Nocturne Acquisition has a twelve month low of $9.98 and a twelve month high of $11.10.

Get Nocturne Acquisition alerts:

Hedge Funds Weigh In On Nocturne Acquisition

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of Nocturne Acquisition in the third quarter worth $147,000. Gabelli Funds LLC bought a new stake in Nocturne Acquisition during the third quarter valued at about $163,000. Centiva Capital LP acquired a new stake in shares of Nocturne Acquisition in the second quarter valued at about $232,000. Exos TFP Holdings LLC bought a new position in shares of Nocturne Acquisition in the third quarter worth about $242,000. Finally, Basso Capital Management L.P. increased its stake in shares of Nocturne Acquisition by 14.8% in the first quarter. Basso Capital Management L.P. now owns 369,015 shares of the company's stock worth $3,720,000 after purchasing an additional 47,655 shares during the period. Institutional investors and hedge funds own 67.33% of the company's stock.

About Nocturne Acquisition

(Get Rating)

Nocturne Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the disruptive technology market. The company was incorporated in 2020 and is based in Wilmington, Delaware.

Featured Articles

  • Get a free copy of the StockNews.com research report on Nocturne Acquisition (MBTC)
  • MarketBeat: Week in Review 12/12 – 12/16
  • Which Two Bluechip Tech Companies Have Raised Their Guidance?
  • Should You Worry About Elon Musk Selling His Tesla Shares?
  • Can Tractor Supply Stock Surge Past Cup-With-Handle Buy Point?
  • This is no Time to Buy Lennar but the Time is Coming

Receive News & Ratings for Nocturne Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nocturne Acquisition 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