Miluna Acquisition Corp Units (NASDAQ:MMTXU) Sees Significant Decrease in Short Interest

Miluna Acquisition Corp Units (NASDAQ:MMTXU) was the recipient of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 1 shares, a decrease of 66.7% from the October 15th total of 3 shares. Based on an average trading volume of 773 shares, the days-to-cover ratio is presently 0.0 days.

Miluna Acquisition Corp Units Trading Down 0.9%

NASDAQ:MMTXU traded down $0.10 during mid-day trading on Friday, hitting $10.40. The stock had a trading volume of 606 shares, compared to its average volume of 1,971. The company’s 50 day simple moving average is $10.35 and its 200 day simple moving average is $10.24. Miluna Acquisition Corp Units has a twelve month low of $10.30 and a twelve month high of $11.40.

Institutional Trading of Miluna Acquisition Corp Units

An institutional investor recently bought a new position in Miluna Acquisition Corp Units stock. Calamos Advisors LLC acquired a new position in shares of Miluna Acquisition Corp Units (NASDAQ:MMTXU) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 125,000 shares of the company’s stock, valued at approximately $1,284,000.

Miluna Acquisition Corp Units Company Profile

Miluna Acquisition Corp. is a special purpose acquisition company (SPAC), formed to pursue a business combination with one or more businesses. It does not have an established operating business or a line of consumer products or services. Its principal activity is to identify and evaluate a potential transaction, which could take the form of a merger, acquisition, share exchange or similar business combination. The company’s units trade on Nasdaq under the symbol MMTXU. Specific information about a target industry, operating geography or leadership is not included here because it could not be reliably confirmed.