Clover Leaf Capital Corp. (NASDAQ:CLOE) Short Interest Update

Clover Leaf Capital Corp. (NASDAQ:CLOEGet Rating) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 1,700 shares, a decline of 19.0% from the June 30th total of 2,100 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 3,200 shares, the days-to-cover ratio is currently 0.5 days.

Clover Leaf Capital Stock Performance

CLOE opened at $10.20 on Thursday. Clover Leaf Capital has a twelve month low of $9.85 and a twelve month high of $10.65. The firm’s 50-day moving average price is $10.14 and its 200 day moving average price is $10.09.

Hedge Funds Weigh In On Clover Leaf Capital

A number of institutional investors have recently bought and sold shares of the company. Mizuho Securities USA LLC raised its stake in Clover Leaf Capital by 3.6% during the second quarter. Mizuho Securities USA LLC now owns 925,119 shares of the company’s stock worth $9,297,000 after purchasing an additional 32,427 shares during the period. OTA Financial Group L.P. raised its stake in Clover Leaf Capital by 15.8% during the second quarter. OTA Financial Group L.P. now owns 35,758 shares of the company’s stock worth $362,000 after purchasing an additional 4,866 shares during the period. Saba Capital Management L.P. raised its stake in Clover Leaf Capital by 1.2% during the first quarter. Saba Capital Management L.P. now owns 220,751 shares of the company’s stock worth $2,223,000 after purchasing an additional 2,687 shares during the period. Goldman Sachs Group Inc. purchased a new position in Clover Leaf Capital during the first quarter worth about $129,000. Finally, Karpus Management Inc. raised its stake in Clover Leaf Capital by 45.6% during the fourth quarter. Karpus Management Inc. now owns 334,552 shares of the company’s stock worth $3,342,000 after purchasing an additional 104,700 shares during the period. 74.55% of the stock is owned by hedge funds and other institutional investors.

Clover Leaf Capital Company Profile

(Get Rating)

Clover Leaf Capital Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, and similar business combination with one or more businesses. It intends to focus on the companies operating in the cannabis industry.

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