Columbus Acquisition Corp/Cayman Islands (NASDAQ:COLAU – Get Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 397 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily trading volume, of 306 shares, the days-to-cover ratio is currently 1.3 days.
Columbus Acquisition Corp/Cayman Islands Trading Up 0.0%
NASDAQ:COLAU opened at $11.05 on Friday. The company has a fifty day moving average of $11.16 and a 200 day moving average of $11.08. Columbus Acquisition Corp/Cayman Islands has a 52 week low of $10.25 and a 52 week high of $13.70.
Hedge Funds Weigh In On Columbus Acquisition Corp/Cayman Islands
An institutional investor recently raised its position in Columbus Acquisition Corp/Cayman Islands stock. Clear Street Group Inc. lifted its position in shares of Columbus Acquisition Corp/Cayman Islands (NASDAQ:COLAU – Free Report) by 201.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,420 shares of the company’s stock after purchasing an additional 2,285 shares during the period. Clear Street Group Inc.’s holdings in Columbus Acquisition Corp/Cayman Islands were worth $37,000 as of its most recent SEC filing.
Columbus Acquisition Corp/Cayman Islands Company Profile
Columbus Acquisition Corp/Cayman Islands is an exempted company incorporated under the laws of the Cayman Islands as a special purpose acquisition company (SPAC). The company was formed to raise capital in public markets through its NASDAQ listing (COLAU) and to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization or other similar business combination with one or more businesses.
As a blank‐check vehicle, Columbus Acquisition Corp has no operations or revenues of its own and holds the proceeds of its initial public offering in a trust account pending the identification and completion of an approved business combination.
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