InterPrivate III Financial Partners Inc. (NYSE:IPVF) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 37,500 shares, a decrease of 64.2% from the September 15th total of 104,700 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 62,500 shares, the short-interest ratio is presently 0.6 days.
A hedge fund recently bought a new stake in InterPrivate III Financial Partners stock. Flow Traders U.S. LLC purchased a new stake in InterPrivate III Financial Partners Inc. (NYSE:IPVF) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 12,853 shares of the company’s stock, valued at approximately $125,000. Hedge funds and other institutional investors own 30.94% of the company’s stock.
Shares of IPVF traded up $0.06 during trading hours on Thursday, reaching $9.94. The stock had a trading volume of 221 shares, compared to its average volume of 62,726. InterPrivate III Financial Partners has a 12 month low of $9.65 and a 12 month high of $10.00. The stock has a 50-day moving average price of $9.85.
InterPrivate III Financial Partners Inc is a blank check company. The company was incorporated in 2020 and is based in New York, New York.
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