Armada Acquisition Corp. I (NASDAQ:AACI) Short Interest Update

Armada Acquisition Corp. I ( NASDAQ:AACI – Get Free Report ) saw a significant increase in short interest in June. As of June 15, short interest totaled 900 shares, an increase of 125.0% from May 31, when it stood at 400 shares. Currently, 0.1% of the company’s shares are sold short. Based on average trading volume of 26,100 shares, the short interest rate is currently 0.0 days.

Hedge funds weigh in on Armada Acquisition Corp. takeover. I

Multiple hedge funds and other institutional investors have recently modified their holdings in the stock. Virtu Financial LLC acquired a new stake in Armada Acquisition Corp. I in the 4th quarter worth approximately $264,000. Clear Street LLC increased its holdings in shares of Armada Acquisition Corp. I by 17,155.9% in the 4th quarter. Clear Street LLC now owns 110,610 shares of the company’s stock worth $1,191,000 after purchasing an additional 109,969 shares in the last quarter. Mizuho Securities USA LLC increased its holdings in Armada Acquisition Corp. I by 57.1% in the 4th quarter. Mizuho Securities USA LLC now owns 275,058 shares of the company’s stock worth $2,943,000 after purchasing an additional 100,000 shares in the last quarter. Finally, Cowen AND Company LLC increased its holdings in shares of Armada Acquisition Corp. I by 183.9% in the 4th quarter. Cowen AND Company LLC now owns 91,230 shares of the company’s stock worth $983,000 after purchasing an additional 59,090 shares during the last quarter. Institutional investors and hedge funds own 27.96% of the company’s stock.

Armada Acquisition Corp. I fell 0.1%

NASDAQ:AACI opened at $11.44 on Friday. Armada Acquisition Corp. And it has a 1-year low of $10.39 and a 1-year high of $12.53. The stock has a fifty-day simple moving average of $11.49 and a 200-day simple moving average of $11.15.

About Armada Acquisition Corp. AND

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Armada Acquisition Corp. And it doesn’t run any significant business. Intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization or related business combination with one or more financial technology companies. The company was founded in 2020 and is based in Philadelphia, Pennsylvania.

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