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StoneBridge Acquisition Co. (NASDAQ:APAC – Get Rating) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 8,600 shares, an increase of 53.6% from the April 30th total of 5,600 shares. Based on an average daily volume of 59,200 shares, the days-to-cover ratio is […]
StoneBridge Acquisition Co. (NASDAQ:APAC – Get Rating) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 2,600 shares, a decline of 23.5% from the March 15th total of 3,400 shares. Based on an average daily trading volume, of 39,200 shares, the days-to-cover ratio […]
StoneBridge Acquisition Corp (NASDAQ:APAC – Get Rating) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 3,400 shares, a growth of 61.9% from the February 28th total of 2,100 shares. Based on an average trading volume of 24,700 shares, the days-to-cover ratio is […]
With so many SPACs fitting the mold of technology companies sensitive to interest rates it was no surprise they fell alongside the broader tech sell-off.
Wednesday was another positive day for SPACs despite the two announced deals being initially down. Spartacus Acquisition (TMTS) is taking NextNav public in a $900m deal. And, another 3 deal votes today.