Short Interest in Crown Proptech Acquisitions (NYSE:CPTK) Expands By 11.2%

Crown Proptech Acquisitions (NYSE:CPTKGet Rating) was the target of a large increase in short interest in December. As of December 30th, there was short interest totalling 12,900 shares, an increase of 11.2% from the December 15th total of 11,600 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 74,800 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Crown Proptech Acquisitions

Institutional investors and hedge funds have recently bought and sold shares of the company. Penserra Capital Management LLC bought a new stake in Crown Proptech Acquisitions during the 1st quarter valued at $34,000. Cubist Systematic Strategies LLC bought a new stake in Crown Proptech Acquisitions during the 3rd quarter valued at $141,000. B. Riley Financial Inc. bought a new stake in Crown Proptech Acquisitions during the 3rd quarter valued at $151,000. OLD Mission Capital LLC bought a new stake in Crown Proptech Acquisitions during the 2nd quarter valued at $152,000. Finally, BNP Paribas Arbitrage SNC bought a new stake in Crown Proptech Acquisitions during the 3rd quarter valued at $317,000. 73.48% of the stock is owned by institutional investors.

Crown Proptech Acquisitions Price Performance

Shares of NYSE CPTK opened at $10.15 on Tuesday. The business has a fifty day simple moving average of $10.08 and a two-hundred day simple moving average of $9.97. Crown Proptech Acquisitions has a twelve month low of $9.80 and a twelve month high of $10.16.

Crown Proptech Acquisitions Company Profile

(Get Rating)

Crown Proptech Acquisitions does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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