Edify Acquisition Corp. (NASDAQ:EAC – Get Rating) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 10,700 shares, a growth of 39.0% from the November 30th total of 7,700 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 91,500 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Edify Acquisition

Large investors have recently added to or reduced their stakes in the stock. Two Sigma Investments LP acquired a new stake in Edify Acquisition during the third quarter worth approximately $198,000. OLD Mission Capital LLC acquired a new stake in Edify Acquisition during the second quarter worth approximately $230,000. Verition Fund Management LLC boosted its holdings in shares of Edify Acquisition by 5.7% in the 2nd quarter. Verition Fund Management LLC now owns 35,944 shares of the company's stock valued at $353,000 after purchasing an additional 1,944 shares in the last quarter. Landscape Capital Management L.L.C. boosted its holdings in shares of Edify Acquisition by 202.0% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 78,926 shares of the company's stock valued at $781,000 after purchasing an additional 52,793 shares in the last quarter. Finally, Calamos Advisors LLC acquired a new stake in shares of Edify Acquisition in the 3rd quarter valued at $989,000. Institutional investors and hedge funds own 72.87% of the company's stock.

Edify Acquisition Stock Up 0.4 %

Edify Acquisition stock opened at $10.09 on Monday. Edify Acquisition has a 12 month low of $9.69 and a 12 month high of $10.50. The stock's 50 day moving average is $10.02 and its 200-day moving average is $9.92.

Edify Acquisition Company Profile

Edify Acquisition Corp. 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. The company was incorporated in 2020 and is based in New York, New York.

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