Aura FAT Projects Acquisition Corp (NASDAQ:AFAR) Short Interest Update

Aura FAT Projects Acquisition Corp (NASDAQ:AFAR) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 900 shares, a drop of 62.5% from the March 31st total of 2,400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Aura FAT Projects Acquisition

A number of large investors have recently modified their holdings of AFAR. Quarry LP bought a new stake in shares of Aura FAT Projects Acquisition during the 4th quarter valued at about $1,359,000. Meteora Capital LLC bought a new stake in Aura FAT Projects Acquisition in the 3rd quarter worth approximately $1,404,000. Wolverine Asset Management LLC lifted its position in Aura FAT Projects Acquisition by 16.3% in the 4th quarter. Wolverine Asset Management LLC now owns 152,680 shares of the company’s stock worth $1,660,000 after buying an additional 21,385 shares during the last quarter. Finally, Mizuho Securities USA LLC lifted its position in Aura FAT Projects Acquisition by 3.3% in the 4th quarter. Mizuho Securities USA LLC now owns 201,700 shares of the company’s stock worth $2,168,000 after buying an additional 6,478 shares during the last quarter. Institutional investors own 53.28% of the company’s stock.

Aura FAT Projects Acquisition Trading Down 0.3 %

Shares of AFAR opened at $11.20 on Friday. The stock has a 50-day moving average price of $11.10 and a 200-day moving average price of $10.95. Aura FAT Projects Acquisition has a 12-month low of $10.54 and a 12-month high of $11.64.

Aura FAT Projects Acquisition Company Profile

Aura FAT Projects Acquisition Corp 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. It focuses on acquiring technology companies with Web 3.0, blockchain, cryptocurrency, digital ledger, e-gaming, and other new financial technology and services applications in Southeast Asia, Australia, and New Zealand.