Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTS – Get Rating) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 2,200 shares, an increase of 69.2% from the January 15th total of 1,300 shares. Based on an average daily volume of 74,700 shares, the days-to-cover ratio is presently 0.0 days.
Institutional Investors Weigh In On Cactus Acquisition Corp. 1
Several hedge funds and other institutional investors have recently modified their holdings of CCTS. Basso Capital Management L.P. bought a new stake in Cactus Acquisition Corp. 1 during the 1st quarter worth approximately $249,000. Wolverine Asset Management LLC purchased a new stake in shares of Cactus Acquisition Corp. 1 in the fourth quarter worth $264,000. Hsbc Holdings PLC purchased a new position in Cactus Acquisition Corp. 1 during the third quarter worth about $402,000. Karpus Management Inc. increased its stake in Cactus Acquisition Corp. 1 by 6.7% in the 2nd quarter. Karpus Management Inc. now owns 53,350 shares of the company's stock worth $531,000 after acquiring an additional 3,350 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Cactus Acquisition Corp. 1 by 2.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 84,406 shares of the company's stock valued at $839,000 after acquiring an additional 2,288 shares in the last quarter.
Get Cactus Acquisition Corp. 1 alerts:Cactus Acquisition Corp. 1 Stock Performance
Shares of NASDAQ:CCTS traded up $0.01 during midday trading on Monday, reaching $10.36. 9,283 shares of the company traded hands, compared to its average volume of 202,977. The firm's fifty day moving average price is $10.29 and its two-hundred day moving average price is $10.15. Cactus Acquisition Corp. 1 has a 12 month low of $9.84 and a 12 month high of $10.70.
About Cactus Acquisition Corp. 1
(Get Rating)Cactus Acquisition Corp. 1 Limited does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the technology-based healthcare industries. The company was incorporated in 2021 and is based in Cranbury, New Jersey.
Featured Articles
- Get a free copy of the StockNews.com research report on Cactus Acquisition Corp. 1 (CCTS)
- Should Medtronic's Recent Colibri Patent Controversy Concern You?
- Checkpoint Software Helps Cyber Security Stocks Bottom
- Under Armour Stock, Gap and Crap, Here's Why
- Is Chevron Positioned To Take Energy Sector Leadership?
- What Does the Consumer Price Index Measure?
Receive News & Ratings for Cactus Acquisition Corp. 1 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cactus Acquisition Corp. 1 and related companies with MarketBeat.com's FREE daily email newsletter.