Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTS) Short Interest Update

Cactus Acquisition Corp. 1 Limited ( NASDAQ:CCTS – Get Free Report ) saw a big increase in short interest in May. As of May 31, short interest was 3,400 shares, an increase of 17.2% from 2,900 shares as of May 15. With an average daily trading volume of 1,400 shares, the short interest rate is currently 2.4 days. Short sales concern approximately 0.1% of the company’s shares.

Cactus Acquisition Corp. stock 1 decreased by 1.7%

On Friday, CCTS opened at $11.25. Cactus Acquisition Corp. 1 has a 1-year low of $10.58 and a 1-year high of $12.90. The stock’s 50-day moving average price is $11.43 and its 200-day moving average price is $11.18.

Institutional investors are considering taking over Cactus Acquisition Corp. 1

Several large investors have recently increased or decreased their holdings in the stock. Virtu Financial LLC acquired a new position in Cactus Acquisition Corp during the first quarter. 1 valued at approximately $141,000. Berkley WR Corp increased its holdings in shares of Cactus Acquisition Corp during the first quarter. 1 by 26,452.7%. Berkley WR Corp now owns 146,040 shares of the company’s stock valued at $1,615,000 after purchasing an additional 145,490 shares during the period. Finally, Mizuho Securities USA LLC increased its holdings in shares of Cactus Acquisition Corp during the fourth quarter. 1 by 2174.6%. Mizuho Securities USA LLC now owns 297,807 shares of the company’s stock valued at $3,246,000 after purchasing an additional 284,714 shares during the period. 86.36% of the shares are held by hedge funds and other institutional investors.

About Cactus Acquisition Corp. 1

(Get the free report)

Cactus Acquisition Corp. 1 Limited has no significant operations. Intends to merge, exchange shares, acquire assets, purchase shares, reorganize or similar business combination with one or more companies from the new technology sector. The company was founded in 2021 and is based in Cranbury, New Jersey.

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