Four Leaf Acquisition Co. (NASDAQ:FORL) Short Interest Up 12.5% in September

Four Leaf Acquisition Co. (NASDAQ:FORL) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 900 shares, a growth of 12.5% from the August 31st total of 800 shares. Based on an average daily trading volume, of 14,300 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Insider Buying and Selling at Four Leaf Acquisition

In other news, major shareholder Aqr Capital Management Holding sold 75,000 shares of the stock in a transaction dated Thursday, July 18th. The shares were sold at an average price of $10.98, for a total transaction of $823,500.00. Following the transaction, the insider now directly owns 60 shares in the company, valued at approximately $658.80. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 19.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Four Leaf Acquisition

Institutional investors have recently added to or reduced their stakes in the company. SkyView Investment Advisors LLC acquired a new position in shares of Four Leaf Acquisition in the 2nd quarter valued at about $383,000. K2 Principal Fund L.P. purchased a new position in Four Leaf Acquisition in the second quarter valued at approximately $1,587,000. Clear Street LLC acquired a new position in Four Leaf Acquisition during the second quarter valued at approximately $320,000. Wolverine Asset Management LLC grew its stake in Four Leaf Acquisition by 82.8% during the second quarter. Wolverine Asset Management LLC now owns 230,922 shares of the company’s stock worth $2,522,000 after buying an additional 104,619 shares during the period. Finally, Tidal Investments LLC purchased a new stake in Four Leaf Acquisition during the first quarter worth approximately $143,000. Hedge funds and other institutional investors own 72.96% of the company’s stock.

Four Leaf Acquisition Stock Performance

FORL stock opened at $11.00 on Tuesday. The business has a fifty day simple moving average of $10.99 and a 200-day simple moving average of $10.90. Four Leaf Acquisition has a 52 week low of $10.46 and a 52 week high of $11.03.

Four Leaf Acquisition Company Profile

Four Leaf Acquisition Corporation does not have significant operations. The company 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 acquire the Internet of Things business.