Northern Genesis Acquisition Corp. III (NYSE:NGC – Get Rating) was the recipient of a significant growth in short interest in November. As of November 30th, there was short interest totalling 1,300 shares, a growth of 85.7% from the November 15th total of 700 shares. Approximately 0.0% of the company's stock are short sold. Based on an average daily volume of 25,500 shares, the short-interest ratio is currently 0.1 days.
Institutional Investors Weigh In On Northern Genesis Acquisition Corp. III
Large investors have recently made changes to their positions in the company. Basso Capital Management L.P. bought a new stake in shares of Northern Genesis Acquisition Corp. III in the first quarter worth $100,000. Glazer Capital LLC acquired a new position in Northern Genesis Acquisition Corp. III in the third quarter valued at about $122,000. First Trust Capital Management L.P. bought a new stake in shares of Northern Genesis Acquisition Corp. III during the third quarter worth about $349,000. Balyasny Asset Management LLC bought a new stake in shares of Northern Genesis Acquisition Corp. III during the third quarter worth about $773,000. Finally, Bank of Montreal Can bought a new stake in shares of Northern Genesis Acquisition Corp. III during the second quarter worth about $1,228,000. Institutional investors own 72.43% of the company's stock.
Get Northern Genesis Acquisition Corp. III alerts:Northern Genesis Acquisition Corp. III Stock Performance
NGC traded down $0.01 on Thursday, reaching $9.98. 404 shares of the company traded hands, compared to its average volume of 20,401. Northern Genesis Acquisition Corp. III has a 52-week low of $9.62 and a 52-week high of $10.01. The stock's 50 day moving average price is $9.91 and its 200-day moving average price is $9.84.
About Northern Genesis Acquisition Corp. III
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Northern Genesis Acquisition Corp. III does not have significant operations. It focuses to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Kansas City, Missouri.
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