Voyager Acquisition Corp Unit (NASDAQ:VACHU) Short Interest Up 2,673.1% in May

Voyager Acquisition Corp Unit (NASDAQ:VACHU) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 721 shares, a growth of 2,673.1% from the May 14th total of 26 shares. Based on an average trading volume of 1,917 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Voyager Acquisition Corp Unit stock. Clear Street Group Inc. acquired a new stake in Voyager Acquisition Corp Unit (NASDAQ:VACHU) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 10,918 shares of the company’s stock, valued at approximately $115,000.

Voyager Acquisition Corp Unit Stock Up 12.6%

Shares of VACHU stock traded up $1.70 during trading hours on Tuesday, reaching $15.20. 8,709 shares of the stock traded hands, compared to its average volume of 2,604. Voyager Acquisition Corp Unit has a 1-year low of $10.08 and a 1-year high of $20.10. The business has a fifty day moving average price of $12.69 and a 200 day moving average price of $11.45.

About Voyager Acquisition Corp Unit

Voyager Acquisition Corp Unit (NASDAQ: VACHU) is a special purpose acquisition company, or SPAC, organized as a Delaware corporation. The company’s primary objective is to raise capital through an initial public offering and to use those proceeds to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses. As a blank-check company, Voyager Acquisition Corp does not conduct any operations until it identifies and completes its initial business combination.

Each unit of Voyager Acquisition Corp consists of one share of common stock and one-third of a warrant, with each whole warrant entitling the holder to purchase one share of common stock at a specified exercise price.