Short Interest in Anthemis Digital Acquisitions I Corp (NASDAQ:ADAL) Expands By 345.0%
of 1,400.0% from the March 31st total of 600 shares. Based on an average daily trading volume, of 18,400 shares, the short-interest ratio is presently 0.5 days. Anthemis Digital Acquisitions I Corp (NASDAQ:ADAL) had a large growth in short interest in April. 8,900 shares were sold short, a 1,400%
( ) saw a significant increase in short interest during April. On April 15th there were 8,900 shares of short interest, an increase of 345.0% compared to the total of 2,000 on March 31st. The days-to-cover is 0.0 days based on an average trading volume 187,100 share. Short-selling is currently 0.0% of company stock.
Hedge Funds weigh in on Anthemis Digital's Acquisitions
ADAL has recently seen changes in the positions of several hedge funds and institutional investors. PEAK6 Investments purchased a stake in Anthemis Digital Acquisitions I worth $249,000 during the first quarter. Prelude Capital Management LLC bought a new stake of $697,00 in Anthemis Digital Acquisitions I during the first quarter. Goldman Sachs Group Inc. grew its stake in Anthemis Digital Acquisitions I by 1.6% over the first quarter. Goldman Sachs Group Inc. owns 517 817 shares worth $5 152,000, after purchasing 8,290 additional shares. Radcliffe Capital Management L.P. grew its stake in Anthemis Digital Acquisitions by 268.1% over the first quarter. Radcliffe Capital Management L.P. owns 276,069 of the company stock valued at $2,747,000, after purchasing an additional 201 069 shares during the period. Glazer Capital LLC also purchased Anthemis Digital Acquisitions I for $339,000. The stock rose $0.08 to $10.55 during the midday session on Wednesday. The company's shares traded hands at 103, as opposed to the average of 239 379. The company's two hundred day moving price is $10.30 and its fifty-day moving average is $10.43. Anthemis Digital Acquisitions I's twelve-month low is $9.91, and its twelve-month high is $10.90.
Anthemis Digital Acquisitions I
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Anthemis Digital Acquisitions I Corp has no significant operations. It is focused on executing a merger or amalgamation with another business or entity. It plans to concentrate its efforts on digital financial services and modern financial technology.
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