Voyager Acquisition Corp Unit (NASDAQ:VACHU – Get Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 721 shares, a growth of 2,673.1% from the May 14th total of 26 shares. Based on an average daily trading volume, of 1,917 shares, the days-to-cover ratio is currently 0.4 days.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Voyager Acquisition Corp Unit stock. Clear Street Group Inc. purchased a new stake in shares of Voyager Acquisition Corp Unit (NASDAQ:VACHU – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 10,918 shares of the company’s stock, valued at approximately $115,000.
Voyager Acquisition Corp Unit Price Performance
VACHU opened at $15.20 on Thursday. The company’s 50-day moving average is $12.78 and its 200 day moving average is $11.49. Voyager Acquisition Corp Unit has a fifty-two week low of $10.08 and a fifty-two week high of $20.10.
About Voyager Acquisition Corp Unit
Voyager Acquisition Corp Unit (NASDAQ: VACHU) is a special purpose acquisition company, or SPAC, organized as a Delaware corporation. The company’s primary objective is to raise capital through an initial public offering and to use those proceeds to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses. As a blank-check company, Voyager Acquisition Corp does not conduct any operations until it identifies and completes its initial business combination.
Each unit of Voyager Acquisition Corp consists of one share of common stock and one-third of a warrant, with each whole warrant entitling the holder to purchase one share of common stock at a specified exercise price.
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