Plum Acquisition Corp. I (NASDAQ:PLMIU) Short Interest Update

Plum Acquisition Corp. I (NASDAQ:PLMIU) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totalling 13,600 shares, a growth of 156.6% from the September 15th total of 5,300 shares. Based on an average daily volume of 8,600 shares, the short-interest ratio is presently 1.6 days.

Shares of Plum Acquisition Corp. I stock opened at $9.85 on Thursday. Plum Acquisition Corp. I has a 12-month low of $9.78 and a 12-month high of $10.10. The stock’s fifty day moving average is $9.85 and its 200-day moving average is $9.94.

A number of large investors have recently bought and sold shares of the stock. Boothbay Fund Management LLC raised its position in Plum Acquisition Corp. I by 21.7% during the second quarter. Boothbay Fund Management LLC now owns 12,900 shares of the company’s stock valued at $128,000 after buying an additional 2,300 shares during the period. Security Benefit Life Insurance Co. KS acquired a new position in Plum Acquisition Corp. I during the second quarter valued at $5,843,000. State Street Corp purchased a new position in Plum Acquisition Corp. I in the second quarter valued at about $108,000. Periscope Capital Inc. grew its stake in Plum Acquisition Corp. I by 7.2% in the second quarter. Periscope Capital Inc. now owns 1,481,100 shares of the company’s stock valued at $14,752,000 after purchasing an additional 100,100 shares in the last quarter. Finally, Glazer Capital LLC grew its stake in Plum Acquisition Corp. I by 7.5% in the second quarter. Glazer Capital LLC now owns 2,022,433 shares of the company’s stock valued at $20,022,000 after purchasing an additional 141,467 shares in the last quarter.

About Plum Acquisition Corp. I

Plum Acquisition Corp. I focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California.

See Also: What does a dividend yield signify to investors?

Receive News & Ratings for Plum Acquisition Corp. I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plum Acquisition Corp. I and related companies with MarketBeat.com's FREE daily email newsletter.