Capitalworks Emerging Markets Acquisition Corp (NASDAQ:CMCA) Sees Large Growth in Short Interest

Capitalworks Emerging Markets Acquisition Corp (NASDAQ:CMCA) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,100 shares, an increase of 266.7% from the February 29th total of 300 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 27,000 shares, the days-to-cover ratio is currently 0.0 days.

Capitalworks Emerging Markets Acquisition Stock Performance

CMCA remained flat at $11.01 during trading on Friday. 10 shares of the company traded hands, compared to its average volume of 649. The firm’s 50 day moving average price is $11.01 and its two-hundred day moving average price is $10.90. Capitalworks Emerging Markets Acquisition has a one year low of $10.39 and a one year high of $11.77.

Hedge Funds Weigh In On Capitalworks Emerging Markets Acquisition

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CMCA. PEAK6 Investments LLC bought a new position in Capitalworks Emerging Markets Acquisition during the first quarter worth about $199,000. Schonfeld Strategic Advisors LLC boosted its position in Capitalworks Emerging Markets Acquisition by 25.0% during the first quarter. Schonfeld Strategic Advisors LLC now owns 25,000 shares of the company’s stock worth $262,000 after purchasing an additional 5,000 shares during the period. Glazer Capital LLC bought a new position in Capitalworks Emerging Markets Acquisition during the first quarter worth about $270,000. Virtu Financial LLC boosted its position in Capitalworks Emerging Markets Acquisition by 83.7% during the fourth quarter. Virtu Financial LLC now owns 57,067 shares of the company’s stock worth $590,000 after purchasing an additional 25,998 shares during the period. Finally, Price T Rowe Associates Inc. MD bought a new position in Capitalworks Emerging Markets Acquisition during the fourth quarter worth about $1,144,000. Institutional investors own 44.92% of the company’s stock.

About Capitalworks Emerging Markets Acquisition

Capitalworks Emerging Markets Acquisition Corp does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to search on companies operating in consumer and consumer technology; financial and business services; healthcare and technology; and media and telecom sectors.