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Vahanna Tech Edge Acquisition I Corp. (NASDAQ:VHNA) Short Interest Update

kopsource ·  Dec 28, 2022 13:41

Vahanna Tech Edge Acquisition I Corp. (NASDAQ:VHNA – Get Rating) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 23,200 shares, an increase of 1,833.3% from the November 30th total of 1,200 shares. Currently, 0.1% of the company's shares are short sold. Based on an average daily volume of 23,600 shares, the days-to-cover ratio is presently 1.0 days.

Vahanna Tech Edge Acquisition I Stock Performance

Shares of NASDAQ:VHNA traded up $0.01 during mid-day trading on Wednesday, hitting $10.27. 1 shares of the company traded hands, compared to its average volume of 10,064. Vahanna Tech Edge Acquisition I has a 52-week low of $9.85 and a 52-week high of $10.48. The firm's 50 day simple moving average is $10.18 and its 200 day simple moving average is $10.08.

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Institutional Investors Weigh In On Vahanna Tech Edge Acquisition I

Several hedge funds have recently modified their holdings of VHNA. Shaolin Capital Management LLC purchased a new stake in shares of Vahanna Tech Edge Acquisition I during the 3rd quarter valued at about $246,000. Rivernorth Capital Management LLC purchased a new stake in Vahanna Tech Edge Acquisition I during the 1st quarter worth approximately $395,000. Basso Capital Management L.P. purchased a new stake in Vahanna Tech Edge Acquisition I during the 1st quarter worth approximately $749,000. Bank of America Corp DE purchased a new stake in Vahanna Tech Edge Acquisition I during the 1st quarter worth approximately $991,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new stake in Vahanna Tech Edge Acquisition I during the 1st quarter worth approximately $999,000.

Vahanna Tech Edge Acquisition I Company Profile

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Vahanna Tech Edge Acquisition I Corp. does not have significant business. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.

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