Aimfinity Investment Corp. I (NASDAQ:AIMBU – Get Free Report) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 2,500 shares, an increase of 31.6% from the October 15th total of 1,900 shares. Based on an average trading volume of 6,900 shares, the days-to-cover ratio is currently 0.4 days.
Hedge Funds Weigh In On Aimfinity Investment Corp. I
Hedge funds have recently bought and sold shares of the company. Meteora Capital LLC grew its holdings in Aimfinity Investment Corp. I by 222.0% during the 3rd quarter. Meteora Capital LLC now owns 577,851 shares of the company’s stock worth $6,160,000 after acquiring an additional 398,369 shares during the period. Wolverine Asset Management LLC lifted its stake in Aimfinity Investment Corp. I by 25.8% in the third quarter. Wolverine Asset Management LLC now owns 282,231 shares of the company’s stock valued at $3,011,000 after buying an additional 57,838 shares during the period. Mizuho Securities USA LLC grew its position in shares of Aimfinity Investment Corp. I by 9.2% during the 3rd quarter. Mizuho Securities USA LLC now owns 327,525 shares of the company’s stock worth $3,472,000 after buying an additional 27,525 shares during the period. UBS Group AG bought a new stake in shares of Aimfinity Investment Corp. I in the 3rd quarter valued at $27,000. Finally, Westchester Capital Management LLC acquired a new position in shares of Aimfinity Investment Corp. I during the 3rd quarter valued at $1,472,000.
Aimfinity Investment Corp. I Stock Performance
Shares of NASDAQ AIMBU opened at $10.80 on Wednesday. The company’s 50 day moving average price is $10.70 and its 200-day moving average price is $10.56. Aimfinity Investment Corp. I has a 52-week low of $9.88 and a 52-week high of $10.85.
About Aimfinity Investment Corp. I
Aimfinity Investment Corp. I does do not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify and complete its business combination with technology, hospitality, and consumer services sector.
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