share_log

Short Interest in Anthemis Digital Acquisitions I Corp (NASDAQ:ADAL) Declines By 90.0%

Defense World ·  Dec 29, 2022 05:32

Anthemis Digital Acquisitions I Corp (NASDAQ:ADAL – Get Rating) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 4,100 shares, a decrease of 90.0% from the November 30th total of 41,200 shares. Based on an average daily volume of 42,100 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Anthemis Digital Acquisitions I Price Performance

ADAL opened at $10.24 on Thursday. The company's 50 day moving average is $10.19 and its 200 day moving average is $10.08. Anthemis Digital Acquisitions I has a 12-month low of $6.97 and a 12-month high of $10.24.

Get Anthemis Digital Acquisitions I alerts:

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ADAL. Sculptor Capital LP increased its stake in shares of Anthemis Digital Acquisitions I by 97.6% in the 1st quarter. Sculptor Capital LP now owns 1,556,866 shares of the company's stock worth $15,491,000 after purchasing an additional 769,132 shares in the last quarter. Millennium Management LLC lifted its position in shares of Anthemis Digital Acquisitions I by 93.9% during the 2nd quarter. Millennium Management LLC now owns 1,425,000 shares of the company's stock valued at $14,222,000 after buying an additional 690,049 shares in the last quarter. Aristeia Capital LLC lifted its position in shares of Anthemis Digital Acquisitions I by 36.7% during the 3rd quarter. Aristeia Capital LLC now owns 1,230,537 shares of the company's stock valued at $12,441,000 after buying an additional 330,537 shares in the last quarter. Periscope Capital Inc. raised its stake in Anthemis Digital Acquisitions I by 52.8% during the 3rd quarter. Periscope Capital Inc. now owns 1,224,019 shares of the company's stock worth $12,367,000 after acquiring an additional 423,119 shares during the period. Finally, Shaolin Capital Management LLC raised its stake in Anthemis Digital Acquisitions I by 230.0% during the 3rd quarter. Shaolin Capital Management LLC now owns 644,274 shares of the company's stock worth $6,514,000 after acquiring an additional 449,032 shares during the period. 68.28% of the stock is currently owned by institutional investors.

About Anthemis Digital Acquisitions I

(Get Rating)

Anthemis Digital Acquisitions I Corp does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus its efforts in the areas of digital financial services or modern financial technology.

Read More

  • Get a free copy of the StockNews.com research report on Anthemis Digital Acquisitions I (ADAL)
  • Tesla Stock: What the Bulls and the Bears Are Getting Wrong
  • Big Health Care Stocks to Watch in the New Year
  • The Top Three Stocks Analysts Say To Buy
  • Can Dick's Sporting Goods Stock Score Another Win In Q4?
  • Yum! Brands Looks Tasty in 2023

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