Benessere Capital Acquisition Corp. (NASDAQ:BENE – Get Rating) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totalling 207,900 shares, a decrease of 20.0% from the June 30th total of 259,800 shares. Approximately 2.1% of the company’s stock are sold short. Based on an average trading volume of 53,000 shares, the days-to-cover ratio is currently 3.9 days.
Benessere Capital Acquisition Price Performance
NASDAQ BENE opened at $10.36 on Tuesday. Benessere Capital Acquisition has a 12 month low of $9.98 and a 12 month high of $18.90. The stock has a 50 day moving average of $10.33 and a 200-day moving average of $10.27.
Institutional Investors Weigh In On Benessere Capital Acquisition
Several large investors have recently made changes to their positions in BENE. Bluefin Capital Management LLC acquired a new stake in shares of Benessere Capital Acquisition in the 4th quarter valued at approximately $132,000. Graham Capital Wealth Management LLC acquired a new stake in shares of Benessere Capital Acquisition in the 1st quarter valued at approximately $214,000. Shay Capital LLC bought a new stake in Benessere Capital Acquisition in the 1st quarter valued at $253,000. SkyView Investment Advisors LLC bought a new stake in Benessere Capital Acquisition in the 4th quarter valued at $425,000. Finally, Glazer Capital LLC bought a new stake in Benessere Capital Acquisition in the 4th quarter valued at $509,000. Institutional investors and hedge funds own 50.99% of the company’s stock.
Benessere Capital Acquisition Company Profile
Benessere Capital Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the technology-focused companies in the North, Central, and South America.
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