Artemis Strategic Investment Co. (NASDAQ:ARTE – Get Free Report) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totalling 200 shares, a drop of 33.3% from the August 15th total of 300 shares. Based on an average trading volume of 35,600 shares, the days-to-cover ratio is presently 0.0 days.
Artemis Strategic Investment Stock Performance
Shares of NASDAQ:ARTE remained flat at $10.65 during trading on Friday. 3 shares of the stock traded hands, compared to its average volume of 2,932. The company has a 50-day moving average of $10.60 and a 200 day moving average of $10.48. Artemis Strategic Investment has a twelve month low of $9.95 and a twelve month high of $11.74.
Hedge Funds Weigh In On Artemis Strategic Investment
Several hedge funds have recently made changes to their positions in the company. State Street Corp purchased a new stake in Artemis Strategic Investment during the 2nd quarter valued at approximately $122,000. Jane Street Group LLC purchased a new position in Artemis Strategic Investment during the second quarter worth about $141,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Artemis Strategic Investment in the second quarter valued at approximately $212,000. Clear Street LLC purchased a new position in shares of Artemis Strategic Investment in the 1st quarter valued at about $258,000. Finally, Cowen AND Company LLC acquired a new position in Artemis Strategic Investment during the first quarter worth $266,000. Hedge funds and other institutional investors own 56.85% of the company’s stock.
About Artemis Strategic Investment
Artemis Strategic Investment Corporation does not have significant operations. The company 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 2021 and is based in Phoenix, Arizona.
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