Aldabra 4 Liquidity Opportunity Vehicle, Inc. (NASDAQ:ALOV) Sees Large Increase in Short Interest

Aldabra 4 Liquidity Opportunity Vehicle, Inc. (NASDAQ:ALOV) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 1,761 shares, a growth of 245.3% from the September 15th total of 510 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 59,310 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of Aldabra 4 Liquidity Opportunity Vehicle from a “sell (e)” rating to a “sell (e+)” rating in a research note on Tuesday, September 1st. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Aldabra 4 Liquidity Opportunity Vehicle stock. Rivernorth Capital Management LLC bought a new position in shares of Aldabra 4 Liquidity Opportunity Vehicle, Inc. (NASDAQ:ALOV) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 99,999 shares of the company’s stock, valued at approximately $1,000,000. Rivernorth Capital Management LLC owned approximately 0.33% of Aldabra 4 Liquidity Opportunity Vehicle at the end of the most recent reporting period.

Aldabra 4 Liquidity Opportunity Vehicle Stock Down 0.0%

Shares of NASDAQ:ALOV traded down $0.00 during trading on Friday, hitting $10.01. The company’s stock had a trading volume of 2,181 shares, compared to its average volume of 44,648. Aldabra 4 Liquidity Opportunity Vehicle has a fifty-two week low of $9.82 and a fifty-two week high of $10.04. The firm’s 50 day simple moving average is $10.00.

Aldabra 4 Liquidity Opportunity Vehicle Company Profile

Aldabra 4 Liquidity Opportunity Vehicle Corp. is a special purpose acquisition company, commonly known as a blank-check company. It was formed to identify and complete a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more operating businesses.

Unlike an operating company, Aldabra 4 does not currently provide products or services to customers and has no established commercial operations of its own. Its principal activities involve evaluating potential acquisition targets, negotiating a business combination and completing related corporate and financing transactions.

The company has not publicly identified a completed operating business or a specific geographic market in the information available.