Short Interest in Catcha Investment Corp (NYSE:CHAA) Rises By 229.4%

Catcha Investment Corp (NYSE:CHAA) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 5,600 shares, a growth of 229.4% from the August 15th total of 1,700 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 59,400 shares, the short-interest ratio is currently 0.1 days.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CHAA. OLD Mission Capital LLC acquired a new position in shares of Catcha Investment in the 2nd quarter valued at $109,000. Arena Capital Advisors LLC CA acquired a new position in shares of Catcha Investment in the 2nd quarter valued at $933,000. Bank of America Corp DE bought a new stake in Catcha Investment in the 2nd quarter valued at $966,000. Goldman Sachs Group Inc. lifted its position in Catcha Investment by 1,512.6% in the 2nd quarter. Goldman Sachs Group Inc. now owns 209,637 shares of the company’s stock valued at $2,025,000 after acquiring an additional 196,637 shares in the last quarter. Finally, RP Investment Advisors LP lifted its position in Catcha Investment by 98.9% in the 2nd quarter. RP Investment Advisors LP now owns 1,712,829 shares of the company’s stock valued at $16,529,000 after acquiring an additional 851,667 shares in the last quarter. 42.00% of the stock is owned by hedge funds and other institutional investors.

CHAA stock remained flat at $$9.71 during trading on Thursday. 99 shares of the company traded hands, compared to its average volume of 84,376. The firm’s 50 day moving average price is $9.68. Catcha Investment has a 1 year low of $9.59 and a 1 year high of $10.25.

Catcha Investment Company Profile

Catcha Investment Corp is a blank check company. The company was incorporated in 2020 and is based in Kuala Lumpur, Malaysia.

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