WEN Acquisition Corp (NASDAQ:WENNU) Short Interest Down 37.4% in December

WEN Acquisition Corp (NASDAQ:WENNU) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 480 shares, a drop of 37.4% from the December 15th total of 767 shares. Based on an average daily volume of 1,628 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 1,628 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Deltec Asset Management LLC acquired a new position in shares of WEN Acquisition during the 2nd quarter worth approximately $264,000. OMERS ADMINISTRATION Corp bought a new position in shares of WEN Acquisition in the second quarter valued at $265,000. Syquant Capital Sas acquired a new position in WEN Acquisition during the second quarter worth $265,000. Walleye Capital LLC bought a new stake in WEN Acquisition during the second quarter worth $330,000. Finally, Clear Street LLC acquired a new stake in WEN Acquisition in the second quarter valued at $513,000.

WEN Acquisition Price Performance

Shares of NASDAQ:WENNU opened at $10.38 on Friday. The company’s 50-day moving average price is $10.38 and its two-hundred day moving average price is $10.49. WEN Acquisition has a one year low of $10.23 and a one year high of $11.91.

WEN Acquisition Company Profile

We are a blank check company incorporated on January 13, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.