AP Acquisition Corp. (NYSE:APCA) Short Interest Update

Posted by Jessica Moore on Mar 28th, 2024

AP Acquisition Corp. (NYSE:APCA – Get Free Report) was the recipient of a significant growth in short interest in March. As of March 15th, there was short interest totalling 2,800 shares, a growth of 460.0% from the February 29th total of 500 shares. Based on an average daily trading volume, of 42,100 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

AP Acquisition Price Performance

AP Acquisition stock opened at $11.27 on Thursday. The stock has a fifty day moving average of $11.22 and a 200-day moving average of $11.10. AP Acquisition has a 52 week low of $10.54 and a 52 week high of $11.29.

Institutional Investors Weigh In On AP Acquisition

Several hedge funds have recently modified their holdings of the company. Warberg Asset Management LLC acquired a new position in AP Acquisition during the 3rd quarter worth about $253,000. Shaolin Capital Management LLC acquired a new stake in AP Acquisition during the 4th quarter valued at approximately $262,000. Meteora Capital LLC raised its holdings in AP Acquisition by 42.6% during the 3rd quarter. Meteora Capital LLC now owns 29,880 shares of the company’s stock worth $328,000 after purchasing an additional 8,920 shares during the last quarter. Sea Otter Advisors LLC bought a new position in AP Acquisition during the 1st quarter worth approximately $422,000. Finally, Quarry LP boosted its stake in shares of AP Acquisition by 32.7% in the 2nd quarter. Quarry LP now owns 84,699 shares of the company’s stock valued at $911,000 after purchasing an additional 20,860 shares during the last quarter. Institutional investors and hedge funds own 65.91% of the company’s stock.

AP Acquisition Company Profile

(Get Free Report)

AP Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the de-carbonization/renewable energy sectors with a focus in Japan/Asia (excluding China) and European markets.