CSLM Acquisition Corp. (NASDAQ:CSLM) Short Interest Up 93.8% in March

CSLM Acquisition Corp. (NASDAQ:CSLM) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 3,100 shares, an increase of 93.8% from the February 29th total of 1,600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 23,700 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On CSLM Acquisition

Large investors have recently added to or reduced their stakes in the business. Berkley W R Corp acquired a new stake in shares of CSLM Acquisition during the 4th quarter worth about $3,329,000. Mizuho Securities USA LLC boosted its stake in shares of CSLM Acquisition by 2.5% during the 4th quarter. Mizuho Securities USA LLC now owns 319,115 shares of the company’s stock worth $3,472,000 after purchasing an additional 7,657 shares during the last quarter. Wolverine Asset Management LLC boosted its stake in shares of CSLM Acquisition by 7.6% during the 4th quarter. Wolverine Asset Management LLC now owns 233,229 shares of the company’s stock worth $2,540,000 after purchasing an additional 16,394 shares during the last quarter. Walleye Trading LLC acquired a new stake in shares of CSLM Acquisition during the 3rd quarter worth about $886,000. Finally, Walleye Capital LLC acquired a new stake in shares of CSLM Acquisition during the 3rd quarter worth about $2,110,000. 46.80% of the stock is owned by institutional investors and hedge funds.

CSLM Acquisition Price Performance

NASDAQ CSLM traded down $0.01 during trading hours on Friday, reaching $11.04. The company’s stock had a trading volume of 2,865 shares, compared to its average volume of 28,188. CSLM Acquisition has a fifty-two week low of $10.34 and a fifty-two week high of $11.76. The company’s 50-day moving average is $10.98 and its two-hundred day moving average is $10.85.

About CSLM Acquisition

CSLM Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.