CSLM Acquisition Corp. (NASDAQ:CSLM – Get Free Report) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,600 shares, an increase of 333.3% from the March 31st total of 600 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 47,000 shares, the short-interest ratio is presently 0.1 days.
Institutional Investors Weigh In On CSLM Acquisition
A number of institutional investors and hedge funds have recently modified their holdings of the company. Mizuho Securities USA LLC grew its holdings in shares of CSLM Acquisition by 2.5% in the 4th quarter. Mizuho Securities USA LLC now owns 319,115 shares of the company’s stock worth $3,472,000 after acquiring an additional 7,657 shares during the period. Spartan Fund Management Inc. acquired a new stake in CSLM Acquisition during the 3rd quarter valued at $122,000. Wolverine Asset Management LLC grew its holdings in CSLM Acquisition by 7.6% during the 4th quarter. Wolverine Asset Management LLC now owns 233,229 shares of the company’s stock valued at $2,540,000 after buying an additional 16,394 shares during the last quarter. Meteora Capital LLC acquired a new stake in CSLM Acquisition during the 3rd quarter valued at $277,000. Finally, Walleye Trading LLC acquired a new stake in CSLM Acquisition during the 3rd quarter valued at $886,000. Institutional investors and hedge funds own 46.80% of the company’s stock.
CSLM Acquisition Stock Performance
Shares of CSLM traded up $0.01 on Friday, reaching $11.14. The stock had a trading volume of 221,302 shares, compared to its average volume of 84,596. The firm has a 50-day moving average of $11.04 and a 200 day moving average of $10.92. CSLM Acquisition has a twelve month low of $10.39 and a twelve month high of $12.42.
CSLM Acquisition Company Profile
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.
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