TLGY Acquisition Co. (NASDAQ:TLGY – Get Rating) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 12,800 shares, a growth of 178.3% from the November 30th total of 4,600 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 9,000 shares, the days-to-cover ratio is currently 1.4 days.
Institutional Investors Weigh In On TLGY Acquisition
Large investors have recently added to or reduced their stakes in the stock. Spring Creek Capital LLC bought a new stake in shares of TLGY Acquisition during the 1st quarter valued at about $1,246,000. Berkley W R Corp bought a new stake in TLGY Acquisition during the first quarter valued at approximately $2,577,000. Sculptor Capital LP purchased a new stake in TLGY Acquisition during the first quarter valued at approximately $4,981,000. TENOR CAPITAL MANAGEMENT Co. L.P. purchased a new stake in TLGY Acquisition during the first quarter valued at approximately $996,000. Finally, Radcliffe Capital Management L.P. bought a new position in TLGY Acquisition in the first quarter worth approximately $2,490,000. Institutional investors own 64.68% of the company's stock.
Get TLGY Acquisition alerts:TLGY Acquisition Price Performance
Shares of TLGY remained flat at $10.26 during mid-day trading on Friday. The company has a 50-day moving average price of $10.17 and a 200 day moving average price of $10.08. TLGY Acquisition has a 52 week low of $9.67 and a 52 week high of $10.50.
TLGY Acquisition Company Profile
(Get Rating)TLGY Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on targets in biopharma or technology enabled business-to-consumer industries worldwide.
See Also
- Get a free copy of the StockNews.com research report on TLGY Acquisition (TLGY)
- The Dogs Of Tech: It's Time For A Bite Of These Stocks
- Does This Acquisition Make Microsoft a Bear Market Buy?
- Should You Warm up to Generac Stock for the Winter?
- Is Kintara Therapeutics A Hidden Gem?
- 3 High-Yield Dividend Stocks to Hold for the Long Haul
Receive News & Ratings for TLGY Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TLGY Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.