Oyster Enterprises Acquisition Corp. (NASDAQ:OSTRW – Get Rating) was the recipient of a large decrease in short interest in November. As of November 30th, there was short interest totalling 45,400 shares, a decrease of 23.1% from the November 15th total of 59,000 shares. Based on an average daily trading volume, of 114,000 shares, the days-to-cover ratio is presently 0.4 days.
Hedge Funds Weigh In On Oyster Enterprises Acquisition
A hedge fund recently raised its stake in Oyster Enterprises Acquisition stock. Goldman Sachs Group Inc. boosted its position in shares of Oyster Enterprises Acquisition Corp. (NASDAQ:OSTRW – Get Rating) by 33.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 395,208 shares of the company's stock after purchasing an additional 100,000 shares during the period. Goldman Sachs Group Inc.'s holdings in Oyster Enterprises Acquisition were worth $51,000 as of its most recent SEC filing.
Get Oyster Enterprises Acquisition alerts:Oyster Enterprises Acquisition Trading Down 57.1 %
Shares of NASDAQ OSTRW traded down $0.00 during mid-day trading on Friday, hitting $0.00. 400 shares of the company's stock traded hands, compared to its average volume of 60,337. The business has a 50-day moving average of $0.03. Oyster Enterprises Acquisition has a 1 year low of $0.00 and a 1 year high of $0.52.
Further Reading
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