Calisa Acquisition Corp (NASDAQ:ALIS – Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 523 shares, a decrease of 83.9% from the July 30th total of 3,243 shares. Based on an average daily volume of 62,117 shares, the days-to-cover ratio is presently 0.0 days.
Institutional Trading of Calisa Acquisition
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Harraden Circle Investments LLC acquired a new stake in Calisa Acquisition during the second quarter valued at approximately $256,000. Rivernorth Capital Management LLC acquired a new stake in shares of Calisa Acquisition during the 1st quarter valued at $2,994,000. Evercore Wealth Management LLC bought a new stake in shares of Calisa Acquisition during the 1st quarter worth $166,000. Sona Asset Management US LLC acquired a new position in shares of Calisa Acquisition in the 1st quarter worth $3,531,000. Finally, Berkley W R Corp raised its position in shares of Calisa Acquisition by 32.2% during the first quarter. Berkley W R Corp now owns 196,716 shares of the company’s stock worth $1,968,000 after purchasing an additional 47,931 shares during the period.
Calisa Acquisition Stock Performance
Shares of ALIS stock remained flat at $10.21 during mid-day trading on Thursday. The stock had a trading volume of 166 shares, compared to its average volume of 26,776. Calisa Acquisition has a one year low of $9.85 and a one year high of $10.25. The stock’s fifty day simple moving average is $10.17 and its 200-day simple moving average is $10.08.
Analyst Ratings Changes
Separately, Weiss Ratings raised shares of Calisa Acquisition from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, August 12th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.
Check Out Our Latest Stock Analysis on ALIS
Calisa Acquisition Company Profile
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.
See Also
- Five stocks we like better than Calisa Acquisition
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
Receive News & Ratings for Calisa Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Calisa Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
