Bridgetown Holdings Limited (NASDAQ:BTWNW – Get Rating) was the recipient of a large decline in short interest during the month of February. As of February 28th, there was short interest totalling 71,400 shares, a decline of 14.1% from the February 13th total of 83,100 shares. Based on an average daily trading volume, of 33,600 shares, the days-to-cover ratio is currently 2.1 days.
Bridgetown Stock Performance
Bridgetown stock traded up $0.02 during trading hours on Wednesday, hitting $0.19. 710 shares of the stock traded hands, compared to its average volume of 24,808. The firm's 50 day moving average price is $0.21. Bridgetown has a 1 year low of $0.06 and a 1 year high of $0.62.
Get Bridgetown alerts:Institutional Trading of Bridgetown
An institutional investor recently bought a new position in Bridgetown stock. Q Global Advisors LLC bought a new position in Bridgetown Holdings Limited (NASDAQ:BTWNW – Get Rating) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 470,085 shares of the company's stock, valued at approximately $58,000. Bridgetown comprises 0.0% of Q Global Advisors LLC's holdings, making the stock its 19th biggest holding.
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