Blue Acquisition Corp/Cayman (NASDAQ:BACCU – Get Free Report) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 183 shares, a decline of 97.1% from the April 15th total of 6,244 shares. Based on an average daily volume of 13,682 shares, the short-interest ratio is presently 0.0 days.
Blue Acquisition Corp/Cayman Stock Performance
Shares of Blue Acquisition Corp/Cayman stock remained flat at $10.48 on Monday. Blue Acquisition Corp/Cayman has a 12-month low of $10.01 and a 12-month high of $11.75. The business has a 50 day moving average price of $10.44.
Institutional Investors Weigh In On Blue Acquisition Corp/Cayman
A hedge fund recently raised its stake in Blue Acquisition Corp/Cayman stock. Clear Street Group Inc. boosted its position in shares of Blue Acquisition Corp/Cayman (NASDAQ:BACCU – Free Report) by 57.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,235 shares of the company’s stock after buying an additional 43,439 shares during the period. Clear Street Group Inc.’s holdings in Blue Acquisition Corp/Cayman were worth $1,254,000 at the end of the most recent quarter.
About Blue Acquisition Corp/Cayman
Blue Acquisition Corp/Cayman (NASDAQ: BACCU) is a special purpose acquisition company (SPAC) formed as an exempted company under the laws of the Cayman Islands and listed on the NASDAQ Stock Market. The company has issued units under the BACCU ticker and, like other SPACs, was created to raise capital through an initial public offering for the purpose of effecting a business combination.
As a blank‑check acquisition vehicle, Blue Acquisition Corp does not operate commercial businesses or sell products or services.
See Also
- Five stocks we like better than Blue Acquisition Corp/Cayman
- Before the Moon Base Gets Built, These 4 Companies Win
- Industrial Buybacks: Top Homebuilding Supplier Leads Buyback Increases
- 3 Stocks That Win If Inflation Surprises to the Downside
- MercadoLibre Boldly Invests in Growth: Discount Deepens
Receive News & Ratings for Blue Acquisition Corp/Cayman Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Acquisition Corp/Cayman and related companies with MarketBeat.com's FREE daily email newsletter.
