Itiquira Acquisition Corp. (NASDAQ:ITQ) Short Interest Update

Itiquira Acquisition Corp. (NASDAQ:ITQGet Rating) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 5,200 shares, a growth of 18.2% from the October 15th total of 4,400 shares. Based on an average daily volume of 42,700 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Itiquira Acquisition

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Polar Asset Management Partners Inc. raised its position in Itiquira Acquisition by 195.0% in the 3rd quarter. Polar Asset Management Partners Inc. now owns 147,500 shares of the company’s stock valued at $1,465,000 after buying an additional 97,500 shares during the last quarter. Glazer Capital LLC raised its position in Itiquira Acquisition by 61.3% in the 3rd quarter. Glazer Capital LLC now owns 2,208,409 shares of the company’s stock valued at $21,930,000 after buying an additional 839,600 shares during the last quarter. Ergoteles LLC purchased a new stake in Itiquira Acquisition in the 3rd quarter valued at $210,000. Mizuho Securities USA LLC purchased a new stake in Itiquira Acquisition in the 3rd quarter valued at $2,587,000. Finally, Millennium Management LLC raised its position in Itiquira Acquisition by 9.6% in the 2nd quarter. Millennium Management LLC now owns 665,526 shares of the company’s stock valued at $6,549,000 after buying an additional 58,560 shares during the last quarter. 59.08% of the stock is owned by hedge funds and other institutional investors.

Itiquira Acquisition Price Performance

Shares of NASDAQ:ITQ opened at $10.00 on Wednesday. Itiquira Acquisition has a twelve month low of $9.69 and a twelve month high of $10.05. The stock’s 50 day moving average is $9.95 and its 200-day moving average is $9.88.

Itiquira Acquisition Company Profile

(Get Rating)

Itiquira Acquisition Corp. does not have significant operations. It focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on companies operating in the healthcare, education, consumer, and technology sectors primarily in Brazil.

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