Aurora Technology Acquisition Corp. (NASDAQ:ATAK – Get Rating) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 61,900 shares, a growth of 60.8% from the September 15th total of 38,500 shares. Based on an average daily trading volume, of 16,500 shares, the days-to-cover ratio is currently 3.8 days.

Hedge Funds Weigh In On Aurora Technology Acquisition

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Glazer Capital LLC bought a new stake in Aurora Technology Acquisition in the 1st quarter valued at about $18,488,000. Fir Tree Capital Management LP bought a new stake in Aurora Technology Acquisition in the 1st quarter valued at about $9,377,000. Saba Capital Management L.P. bought a new stake in Aurora Technology Acquisition in the 1st quarter valued at about $9,318,000. Millennium Management LLC raised its stake in Aurora Technology Acquisition by 7.0% in the 2nd quarter. Millennium Management LLC now owns 921,126 shares of the company's stock valued at $9,128,000 after acquiring an additional 60,000 shares during the period. Finally, CVI Holdings LLC bought a new stake in Aurora Technology Acquisition in the 2nd quarter valued at about $7,928,000. 85.03% of the stock is owned by hedge funds and other institutional investors.

Aurora Technology Acquisition Trading Up 0.1 %

Shares of NASDAQ:ATAK opened at $10.04 on Friday. The business has a 50-day moving average of $10.00. Aurora Technology Acquisition has a fifty-two week low of $9.54 and a fifty-two week high of $10.05.

About Aurora Technology Acquisition

Aurora Technology Acquisition Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to focus on businesses in the technology companies, including artificial intelligence, blockchain, quantum computing, and electric vehicles in Asia and North America.

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