Bridgetown Holdings Limited (NASDAQ:BTWNW – Get Rating) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 53,000 shares, a decline of 23.1% from the March 15th total of 68,900 shares. Based on an average daily volume of 22,300 shares, the short-interest ratio is currently 2.4 days.
Bridgetown Trading Up 15.5 %
Shares of Bridgetown stock traded up $0.02 during trading on Tuesday, hitting $0.15. 8,637 shares of the stock were exchanged, compared to its average volume of 23,003. The business's 50-day simple moving average is $0.19. Bridgetown has a 12-month low of $0.06 and a 12-month high of $0.62.
Get Bridgetown alerts:Institutional Investors Weigh In On Bridgetown
An institutional investor recently bought a new position in Bridgetown stock. Q Global Advisors LLC purchased a new position in shares of Bridgetown Holdings Limited (NASDAQ:BTWNW – Get Rating) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 470,085 shares of the company's stock, valued at approximately $58,000. Bridgetown makes up 0.0% of Q Global Advisors LLC's portfolio, making the stock its 19th biggest holding.
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