Cactus Acquisition Corp. 1 Limited (NASDAQ:CCTS – Get Rating) saw a large increase in short interest in the month of December. As of December 30th, there was short interest totalling 1,300 shares, an increase of 116.7% from the December 15th total of 600 shares. Based on an average daily volume of 18,100 shares, the short-interest ratio is presently 0.1 days.
Cactus Acquisition Corp. 1 Stock Up 0.2 %
NASDAQ:CCTS traded up $0.02 during mid-day trading on Thursday, reaching $10.32. 404,909 shares of the company's stock traded hands, compared to its average volume of 128,026. Cactus Acquisition Corp. 1 has a 12-month low of $9.81 and a 12-month high of $10.70. The company has a 50 day moving average price of $10.23 and a 200-day moving average price of $10.11.
Get Cactus Acquisition Corp. 1 alerts:Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Wealthspring Capital LLC purchased a new position in Cactus Acquisition Corp. 1 during the 2nd quarter valued at about $122,000. Basso Capital Management L.P. bought a new stake in Cactus Acquisition Corp. 1 during the 1st quarter valued at approximately $249,000. Hsbc Holdings PLC bought a new stake in Cactus Acquisition Corp. 1 during the 3rd quarter valued at approximately $402,000. Karpus Management Inc. boosted its position in Cactus Acquisition Corp. 1 by 6.7% during the 2nd quarter. Karpus Management Inc. now owns 53,350 shares of the company's stock valued at $531,000 after acquiring an additional 3,350 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in Cactus Acquisition Corp. 1 by 2.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 84,406 shares of the company's stock valued at $839,000 after acquiring an additional 2,288 shares in the last quarter.
About Cactus Acquisition Corp. 1
(Get Rating)Cactus Acquisition Corp. 1 Limited does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the technology-based healthcare industries. The company was incorporated in 2021 and is based in Cranbury, New Jersey.
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