close
close

Four Leaf Acquisition Co. (NASDAQ:FORL) is seeing significant growth in short interest

Four Leaf acquisition company (NASDAQ:FORL – Get Free Report) saw a big increase in short interest in May. As of May 31, short interest was 1,800 shares, an increase of 28.6% from May 15 of 1,400 shares. With average daily volume of 23,900 shares, the short interest rate is currently 0.1 days. Currently, short selling amounts to 0.0% of the company’s shares.

Institutional Four-Leaf Takeover Trading

A number of hedge funds and other institutional investors have recently modified their holdings in the stock. Bulldog Investors LLP increased its holdings in Four Leaf Acquisition by 296.5% during the 4th quarter. Bulldog Investors LLP now owns 229,265 shares of the company’s stock valued at $2,411,000 after purchasing an additional 171,448 shares in the last quarter. TrueMark Investments LLC acquired a new position in shares of Four Leaf Acquisition during the 4th quarter worth $242,000. Spartan Fund Management Inc. increased its holdings in shares of Four Leaf Acquisition by 8.2% during the fourth quarter. Spartan Fund Management Inc. now owns 163,157 shares of the company’s stock valued at $1,715,000 after purchasing an additional 12,433 shares in the last quarter. Schechter Investment Advisors LLC acquired a new stake in shares of Four Leaf Acquisition during the 4th quarter valued at $595,000. Finally, in the fourth quarter, Karpus Management Inc. increased its position in the Four Leaf acquisition by 49.9%. Karpus Management Inc. now owns 261,400 shares of the company’s stock valued at $2,747,000 after purchasing an additional 86,988 shares in the last quarter. Institutional investors hold 72.96% of the company’s shares.

Price performance of four-leaf acquisition

Shares of Four Leaf Acquisition were unchanged at $10.91 on Friday. The company has a 50-day moving average of $10.86 and a 200-day moving average of $10.69. Four Leaf Acquisition has a 12 month low of $10.20 and a 12 month high of $11.46.

Four Leaf Acquisition Company Profile

(Get the free report)

Four Leaf Acquisition Corporation has no significant operations. The Company intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more enterprises. It intends to take over the Internet of Things business.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Before you consider acquiring Four Leaf, you’ll want to hear this.

Every day, MarketBeat tracks Wall Street’s top-rated and best-performing analysts and the stocks they recommend to their clients. MarketBeat identified five stocks that top analysts are quietly whispering to their clients to buy now, before the broader market catches on… and Four Leaf Acquisition wasn’t on the list.

While Four Leaf Acquisition currently has an analyst rating of “Hold,” top-rated analysts believe these five stocks are a better buy.

See five stocks here

5G Stocks: The Future Is Profitable Cover

Click the link below and we’ll send you a MarketBeat guide on investing in 5G and which 5G stocks hold the most promise.

Get this free report

Like this article? Share this with a friend.

Link copied to clipboard.