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

Aura FAT Projects Acquisition Corp (NASDAQ:AFARGet Free Report) saw a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 2,900 shares, a growth of 45.0% from the May 15th total of 2,000 shares. Based on an average daily trading volume, of 3,800 shares, the short-interest ratio is presently 0.8 days. Currently, 0.1% of the shares of the stock are short sold.

Aura FAT Projects Acquisition Stock Performance

Shares of AFAR stock opened at $11.31 on Friday. Aura FAT Projects Acquisition has a 52-week low of $10.55 and a 52-week high of $11.64. The stock has a fifty day simple moving average of $11.24 and a two-hundred day simple moving average of $11.07.

Hedge Funds Weigh In On Aura FAT Projects Acquisition

Hedge funds and other institutional investors have recently modified their holdings of the stock. Virtu Financial LLC purchased a new stake in Aura FAT Projects Acquisition during the first quarter valued at $181,000. Shaolin Capital Management LLC increased its position in shares of Aura FAT Projects Acquisition by 150.0% during the 1st quarter. Shaolin Capital Management LLC now owns 250,000 shares of the company’s stock valued at $2,768,000 after purchasing an additional 150,000 shares during the last quarter. Berkley W R Corp increased its position in shares of Aura FAT Projects Acquisition by 35.3% during the 1st quarter. Berkley W R Corp now owns 194,167 shares of the company’s stock valued at $2,163,000 after purchasing an additional 50,628 shares during the last quarter. K2 Principal Fund L.P. purchased a new stake in Aura FAT Projects Acquisition during the 1st quarter valued at $761,000. Finally, Quarry LP bought a new stake in Aura FAT Projects Acquisition in the fourth quarter worth $1,359,000. Institutional investors own 53.28% of the company’s stock.

Aura FAT Projects Acquisition Company Profile

(Get Free Report)

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.

Further Reading

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