Bull Horn Holdings Corp. (NASDAQ:BHSE) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 41,800 shares, a growth of 523.9% from the September 30th total of 6,700 shares. Based on an average trading volume of 28,500 shares, the short-interest ratio is currently 1.5 days. Currently, 0.6% of the company’s shares are short sold.
Bull Horn stock opened at $9.98 on Thursday. The company’s 50 day simple moving average is $9.91 and its 200-day simple moving average is $9.89. Bull Horn has a 1 year low of $9.63 and a 1 year high of $11.19.
Institutional investors have recently added to or reduced their stakes in the company. Havens Advisors LLC acquired a new position in shares of Bull Horn in the third quarter valued at approximately $128,000. Millennium Management LLC acquired a new position in shares of Bull Horn in the second quarter valued at approximately $359,000. CNH Partners LLC grew its holdings in shares of Bull Horn by 43.1% in the second quarter. CNH Partners LLC now owns 157,386 shares of the company’s stock valued at $1,550,000 after purchasing an additional 47,386 shares in the last quarter. Berkley W R Corp grew its holdings in shares of Bull Horn by 183.5% in the second quarter. Berkley W R Corp now owns 408,060 shares of the company’s stock valued at $4,028,000 after purchasing an additional 264,122 shares in the last quarter. Finally, Alpine Global Management LLC grew its holdings in shares of Bull Horn by 13.6% in the second quarter. Alpine Global Management LLC now owns 100,612 shares of the company’s stock valued at $991,000 after purchasing an additional 12,012 shares in the last quarter. 62.51% of the stock is currently owned by institutional investors and hedge funds.
Bull Horn Holdings Corp. does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses in the sports, entertainment, and brands sectors. The company was incorporated in 2018 and is based in Miami Beach, Florida.
Featured Story: What is the S&P/ASX 200 Index?
Receive News & Ratings for Bull Horn Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bull Horn and related companies with MarketBeat.com's FREE daily email newsletter.