DP Cap Acquisition Corp I (NASDAQ:DPCS – Get Rating) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 1,500 shares, a growth of 87.5% from the January 15th total of 800 shares. Currently, 0.0% of the company's shares are short sold. Based on an average trading volume of 120,100 shares, the days-to-cover ratio is presently 0.0 days.
DP Cap Acquisition Corp I Trading Up 0.2 %
DPCS traded up $0.02 during trading on Friday, reaching $10.35. 199 shares of the company's stock were exchanged, compared to its average volume of 250,369. DP Cap Acquisition Corp I has a one year low of $9.86 and a one year high of $10.36. The firm has a fifty day moving average price of $10.28 and a two-hundred day moving average price of $10.15.
Get DP Cap Acquisition Corp I alerts:Institutional Investors Weigh In On DP Cap Acquisition Corp I
Institutional investors have recently modified their holdings of the company. Royal Bank of Canada bought a new stake in shares of DP Cap Acquisition Corp I in the 1st quarter valued at $30,000. Shaolin Capital Management LLC bought a new stake in shares of DP Cap Acquisition Corp I in the 3rd quarter valued at $225,000. First Trust Capital Management L.P. boosted its stake in shares of DP Cap Acquisition Corp I by 102.7% in the 3rd quarter. First Trust Capital Management L.P. now owns 29,600 shares of the company's stock valued at $299,000 after purchasing an additional 15,000 shares during the last quarter. Glazer Capital LLC bought a new stake in shares of DP Cap Acquisition Corp I in the 1st quarter valued at $431,000. Finally, Alliancebernstein L.P. boosted its stake in shares of DP Cap Acquisition Corp I by 50.0% in the 3rd quarter. Alliancebernstein L.P. now owns 74,999 shares of the company's stock valued at $507,000 after purchasing an additional 24,999 shares during the last quarter. 68.22% of the stock is owned by institutional investors.
About DP Cap Acquisition Corp I
(Get Rating)DP Cap Acquisition Corp I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the tech-enabled consumer and technology sectors. DP Cap Acquisition Corp I was incorporated in 2021 and is based in Boston, Massachusetts.
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