Trepont Acquisition Corp I (NYSE:TACA) Short Interest Update

Trepont Acquisition Corp I (NYSE:TACAGet Rating) was the target of a significant decline in short interest in May. As of May 15th, there was short interest totalling 6,200 shares, a decline of 15.1% from the April 30th total of 7,300 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 68,400 shares, the short-interest ratio is currently 0.1 days.

Shares of NYSE TACA opened at $10.09 on Wednesday. Trepont Acquisition Corp I has a 12-month low of $9.68 and a 12-month high of $10.15. The company has a 50-day moving average of $10.07 and a 200 day moving average of $10.02.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Whitebox Advisors LLC grew its stake in Trepont Acquisition Corp I by 2.2% during the 3rd quarter. Whitebox Advisors LLC now owns 150,000 shares of the company’s stock valued at $1,496,000 after acquiring an additional 3,289 shares in the last quarter. Hunting Hill Global Capital LLC purchased a new stake in Trepont Acquisition Corp I during the 3rd quarter valued at about $152,000. Logan Stone Capital LLC purchased a new stake in shares of Trepont Acquisition Corp I in the 4th quarter valued at approximately $206,000. Saba Capital Management L.P. grew its stake in shares of Trepont Acquisition Corp I by 3.7% in the 4th quarter. Saba Capital Management L.P. now owns 696,850 shares of the company’s stock valued at $6,955,000 after buying an additional 25,000 shares during the period. Finally, Glazer Capital LLC grew its stake in shares of Trepont Acquisition Corp I by 2.2% in the 1st quarter. Glazer Capital LLC now owns 1,395,297 shares of the company’s stock valued at $14,030,000 after buying an additional 29,822 shares during the period. 90.40% of the stock is owned by institutional investors.

About Trepont Acquisition Corp I (Get Rating)

Trepont Acquisition Corp I does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in San Francisco, California.

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