Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTS – Get Rating) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 3,000 shares, an increase of 76.5% from the July 15th total of 1,700 shares. Based on an average daily volume of 18,500 shares, the days-to-cover ratio is presently 0.2 days.
Institutional Trading of Cactus Acquisition Corp. 1
Institutional investors have recently modified their holdings of the stock. Wealthspring Capital LLC acquired a new stake in shares of Cactus Acquisition Corp. 1 in the second quarter valued at about $122,000. Basso Capital Management L.P. acquired a new position in Cactus Acquisition Corp. 1 during the first quarter worth about $249,000. Karpus Management Inc. acquired a new position in Cactus Acquisition Corp. 1 during the first quarter worth about $497,000. Wolverine Asset Management LLC acquired a new position in Cactus Acquisition Corp. 1 during the first quarter worth about $630,000. Finally, Goldman Sachs Group Inc. boosted its position in Cactus Acquisition Corp. 1 by 2.8% during the first quarter. Goldman Sachs Group Inc. now owns 84,406 shares of the company's stock worth $839,000 after acquiring an additional 2,288 shares during the last quarter.
Get Cactus Acquisition Corp. 1 alerts:Cactus Acquisition Corp. 1 Price Performance
Shares of NASDAQ CCTS remained flat at $10.01 during trading on Thursday. 24,088 shares of the stock traded hands, compared to its average volume of 12,045. The firm's fifty day simple moving average is $9.96 and its two-hundred day simple moving average is $9.93. Cactus Acquisition Corp. 1 has a 1-year low of $9.81 and a 1-year high of $10.76.
About Cactus Acquisition Corp. 1
(Get Rating)Cactus Acquisition Corp. 1 Limited does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the technology-based healthcare industries. The company was incorporated in 2021 and is based in Cranbury, New Jersey.
Read More
- Get a free copy of the StockNews.com research report on Cactus Acquisition Corp. 1 (CCTS)
- Disney (NYSE: DIS) Shares Just Gave Investors A Massive Signal
- Find and Profitably Trade Stocks at 52-Week Lows
- Solar Stocks Shine Brightly After Passage Of Clean Energy Bill
- 3 Stable Growth Stocks for Bumpy Times
- Large And Small Oil-And-Gas Stocks See Post-Earnings Bounce
Receive News & Ratings for Cactus Acquisition Corp. 1 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cactus Acquisition Corp. 1 and related companies with MarketBeat.com's FREE daily email newsletter.