Compass Digital Acquisition Corp. (NASDAQ:CDAQ – Get Rating) was the recipient of a large decline in short interest in the month of January. As of January 31st, there was short interest totalling 3,000 shares, a decline of 14.3% from the January 15th total of 3,500 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 77,400 shares, the short-interest ratio is currently 0.0 days.

Compass Digital Acquisition Stock Up 0.2 %

Shares of NASDAQ CDAQ traded up $0.02 during midday trading on Thursday, reaching $10.14. The stock had a trading volume of 1,210 shares, compared to its average volume of 170,647. Compass Digital Acquisition has a twelve month low of $9.59 and a twelve month high of $11.09. The company's 50 day moving average price is $10.03 and its 200 day moving average price is $9.88.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Compass Digital Acquisition during the 1st quarter valued at $116,000. Schechter Investment Advisors LLC acquired a new position in shares of Compass Digital Acquisition during the 3rd quarter valued at $134,000. Wealthspring Capital LLC acquired a new position in shares of Compass Digital Acquisition during the 3rd quarter valued at $134,000. Virtu Financial LLC acquired a new position in shares of Compass Digital Acquisition during the 4th quarter valued at $172,000. Finally, Exos Asset Management LLC acquired a new position in shares of Compass Digital Acquisition during the 2nd quarter valued at $288,000. Institutional investors and hedge funds own 70.91% of the company's stock.

About Compass Digital Acquisition

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Compass Digital Acquisition Corp. 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. The company intends to focus its search on companies in the technology sectors, including in the technology led digital transformation software and services sector.

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