TenX Keane Acquisition (NASDAQ:TENK) Short Interest Update

TenX Keane Acquisition (NASDAQ:TENK) was the target of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a decline of 50.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 22,000 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On TenX Keane Acquisition

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cowen AND Company LLC acquired a new stake in shares of TenX Keane Acquisition during the third quarter worth $304,000. Cable Car Capital LLC acquired a new stake in shares of TenX Keane Acquisition during the fourth quarter worth $1,368,000. Spartan Fund Management Inc. acquired a new stake in shares of TenX Keane Acquisition during the first quarter worth $1,827,000. HGC Investment Management Inc. acquired a new stake in shares of TenX Keane Acquisition during the fourth quarter worth $2,079,000. Finally, Kepos Capital LP acquired a new position in TenX Keane Acquisition during the third quarter valued at $2,423,000. 70.52% of the stock is currently owned by institutional investors and hedge funds.

TenX Keane Acquisition Stock Performance

Shares of NASDAQ:TENK remained flat at $11.12 on Friday. 15 shares of the stock traded hands, compared to its average volume of 655. TenX Keane Acquisition has a 1-year low of $10.41 and a 1-year high of $12.03. The stock has a fifty day moving average price of $11.06 and a 200 day moving average price of $10.97.

About TenX Keane Acquisition

TenX Keane Acquisition focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on target businesses operating in Asia, excluding companies located or operating in mainland China, Hong Kong, or Macau.