DTRT Health Acquisition Corp. (NASDAQ:DTRT – Get Rating) was the recipient of a large decrease in short interest in the month of December. As of December 30th, there was short interest totalling 3,500 shares, a decrease of 28.6% from the December 15th total of 4,900 shares. Based on an average daily trading volume, of 77,800 shares, the days-to-cover ratio is presently 0.0 days.
DTRT Health Acquisition Price Performance
Shares of NASDAQ:DTRT remained flat at $10.35 during midday trading on Friday. 8,757 shares of the stock were exchanged, compared to its average volume of 37,038. The business has a 50-day moving average of $10.31 and a 200 day moving average of $10.20. DTRT Health Acquisition has a 12-month low of $9.90 and a 12-month high of $11.34.
Get DTRT Health Acquisition alerts:Institutional Trading of DTRT Health Acquisition
A number of institutional investors and hedge funds have recently bought and sold shares of DTRT. Verition Fund Management LLC increased its stake in DTRT Health Acquisition by 1.0% during the 1st quarter. Verition Fund Management LLC now owns 305,598 shares of the company's stock valued at $3,065,000 after purchasing an additional 3,103 shares in the last quarter. Captrust Financial Advisors purchased a new stake in shares of DTRT Health Acquisition during the 1st quarter valued at about $48,000. Goldman Sachs Group Inc. purchased a new stake in shares of DTRT Health Acquisition during the 1st quarter valued at about $140,000. Royal Bank of Canada boosted its holdings in shares of DTRT Health Acquisition by 215.0% during the 1st quarter. Royal Bank of Canada now owns 16,190 shares of the company's stock valued at $162,000 after acquiring an additional 11,050 shares during the last quarter. Finally, Wolverine Asset Management LLC boosted its holdings in shares of DTRT Health Acquisition by 63.0% during the 2nd quarter. Wolverine Asset Management LLC now owns 516,780 shares of the company's stock valued at $5,201,000 after acquiring an additional 199,682 shares during the last quarter. 72.33% of the stock is currently owned by institutional investors.
About DTRT Health Acquisition
(Get Rating)DTRT Health Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets. The company was incorporated in 2021 and is based in Oak Brook, Illinois.
Further Reading
- Get a free copy of the StockNews.com research report on DTRT Health Acquisition (DTRT)
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