Ahren Acquisition Corp. (NASDAQ:AHRN – Get Rating) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 2,600 shares, an increase of 13.0% from the October 15th total of 2,300 shares. Based on an average trading volume of 85,700 shares, the days-to-cover ratio is presently 0.0 days.
Hedge Funds Weigh In On Ahren Acquisition
Several hedge funds have recently added to or reduced their stakes in AHRN. RiverPark Advisors LLC purchased a new position in Ahren Acquisition in the first quarter valued at approximately $290,000. Highbridge Capital Management LLC purchased a new position in Ahren Acquisition in the first quarter valued at approximately $549,000. Picton Mahoney Asset Management purchased a new position in Ahren Acquisition in the first quarter valued at approximately $3,969,000. Citigroup Inc. purchased a new position in Ahren Acquisition in the first quarter valued at approximately $1,562,000. Finally, OMERS ADMINISTRATION Corp purchased a new position in Ahren Acquisition in the first quarter valued at approximately $496,000.
Ahren Acquisition Stock Up 0.1 %
Shares of NASDAQ:AHRN opened at $10.15 on Tuesday. Ahren Acquisition has a fifty-two week low of $9.76 and a fifty-two week high of $10.15. The firm’s 50 day moving average price is $10.08 and its 200 day moving average price is $10.00.
About Ahren Acquisition
Ahren Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and complete a business combination with a company fueled by deep technology and/or deep science.
- Get a free copy of the StockNews.com research report on Ahren Acquisition (AHRN)
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