AF Acquisition Corp. (NASDAQ:AFAQ) Short Interest Update

AF Acquisition Corp. (NASDAQ:AFAQGet Rating) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totalling 2,100 shares, a drop of 74.7% from the April 15th total of 8,300 shares. Based on an average trading volume of 44,200 shares, the days-to-cover ratio is currently 0.0 days.

Large investors have recently modified their holdings of the stock. Toroso Investments LLC acquired a new stake in AF Acquisition in the 3rd quarter valued at $101,000. Bank of America Corp DE bought a new stake in shares of AF Acquisition during the 4th quarter worth about $130,000. Schonfeld Strategic Advisors LLC bought a new stake in shares of AF Acquisition during the 3rd quarter worth about $195,000. Robinson Capital Management LLC boosted its holdings in shares of AF Acquisition by 107.9% during the 4th quarter. Robinson Capital Management LLC now owns 21,600 shares of the company’s stock worth $209,000 after buying an additional 11,208 shares during the period. Finally, Ancora Advisors LLC boosted its holdings in shares of AF Acquisition by 78.9% during the 3rd quarter. Ancora Advisors LLC now owns 34,000 shares of the company’s stock worth $331,000 after buying an additional 15,000 shares during the period. Institutional investors and hedge funds own 58.46% of the company’s stock.

Shares of NASDAQ AFAQ opened at $9.73 on Friday. The company’s fifty day moving average is $9.75 and its 200-day moving average is $9.73. AF Acquisition has a twelve month low of $9.59 and a twelve month high of $9.95.

AF Acquisition Company Profile (Get Rating)

AF Acquisition Corp. does 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. AF Acquisition Corp. was incorporated in 2021 and is based in Palm Beach, Florida.

Featured Articles

Receive News & Ratings for AF Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AF Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.