Calisa Acquisition Corp (NASDAQ:ALIS) Sees Large Increase in Short Interest

Calisa Acquisition Corp (NASDAQ:ALISGet Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 4,158 shares, an increase of 374.7% from the June 30th total of 876 shares. Based on an average daily volume of 52,859 shares, the days-to-cover ratio is presently 0.1 days.

Calisa Acquisition Price Performance

Shares of NASDAQ ALIS traded up $0.04 during midday trading on Monday, hitting $10.19. The stock had a trading volume of 307 shares, compared to its average volume of 25,500. Calisa Acquisition has a 1-year low of $9.85 and a 1-year high of $10.25. The business has a fifty day moving average of $10.13.

Calisa Acquisition (NASDAQ:ALISGet Free Report) last posted its earnings results on Friday, May 15th. The company reported ($0.01) earnings per share (EPS) for the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Calisa Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on ALIS

Institutional Trading of Calisa Acquisition

Institutional investors have recently added to or reduced their stakes in the business. StoneX Group Inc. purchased a new position in Calisa Acquisition in the fourth quarter valued at about $837,000. Glazer Capital LLC purchased a new stake in shares of Calisa Acquisition in the fourth quarter worth about $2,953,000. Berkley W R Corp acquired a new stake in shares of Calisa Acquisition in the fourth quarter valued at about $1,477,000. Westchester Capital Management LLC purchased a new stake in shares of Calisa Acquisition during the 4th quarter valued at about $3,524,000. Finally, Clear Street Group Inc. purchased a new position in Calisa Acquisition in the 4th quarter worth approximately $3,985,000.

Calisa Acquisition Company Profile

(Get Free Report)

Calisa Acquisition (NASDAQ: ALIS) is a special purpose acquisition company (SPAC) that is publicly traded on the Nasdaq stock exchange. As a blank‑check vehicle, its primary corporate purpose is to identify, negotiate and complete one or more business combinations, such as mergers, share exchanges, asset acquisitions, or similar transactions that would result in a privately held company becoming publicly listed through the SPAC structure.

Like other SPACs, Calisa Acquisition typically raises capital through an initial public offering and holds those proceeds in a trust account while it evaluates potential target companies.

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