Short Interest in Target Global Acquisition I Corp. (NASDAQ:TGAA) Increases By 420.0%

Target Global Acquisition I Corp. (NASDAQ:TGAA) saw a large growth in short interest in April. As of April 15th, there was short interest totalling 2,600 shares, a growth of 420.0% from the March 31st total of 500 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 12,600 shares, the short-interest ratio is currently 0.2 days.

Target Global Acquisition I Stock Performance

Shares of NASDAQ TGAA remained flat at $11.20 during trading on Friday. 6 shares of the company’s stock traded hands, compared to its average volume of 7,228. Target Global Acquisition I has a 52 week low of $10.45 and a 52 week high of $12.19. The stock has a 50-day moving average price of $11.15 and a two-hundred day moving average price of $11.07.

Institutional Investors Weigh In On Target Global Acquisition I

Several institutional investors have recently made changes to their positions in TGAA. Periscope Capital Inc. boosted its position in shares of Target Global Acquisition I by 1.3% during the 3rd quarter. Periscope Capital Inc. now owns 151,911 shares of the company’s stock worth $1,648,000 after purchasing an additional 1,911 shares in the last quarter. Mizuho Securities USA LLC boosted its position in shares of Target Global Acquisition I by 12.4% in the 3rd quarter. Mizuho Securities USA LLC now owns 288,271 shares of the company’s stock worth $3,099,000 after buying an additional 31,728 shares in the last quarter. Radcliffe Capital Management L.P. boosted its position in shares of Target Global Acquisition I by 13.6% in the 3rd quarter. Radcliffe Capital Management L.P. now owns 32,398 shares of the company’s stock worth $352,000 after buying an additional 3,868 shares in the last quarter. Shaolin Capital Management LLC boosted its position in shares of Target Global Acquisition I by 200.0% in the 3rd quarter. Shaolin Capital Management LLC now owns 299,885 shares of the company’s stock worth $3,254,000 after buying an additional 599,885 shares in the last quarter. Finally, BCK Capital Management LP purchased a new stake in shares of Target Global Acquisition I in the 4th quarter worth about $615,000. 92.13% of the stock is currently owned by hedge funds and other institutional investors.

About Target Global Acquisition I

Target Global Acquisition I Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on the consumer internet, mobility, and financial technology sectors.