Short Interest in Calisa Acquisition Corp (NASDAQ:ALIS) Expands By 160.4%

Calisa Acquisition Corp (NASDAQ:ALIS) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 638 shares, an increase of 160.4% from the May 31st total of 245 shares. Based on an average daily volume of 22,203 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Calisa Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Calisa Acquisition

A number of large investors have recently made changes to their positions in the stock. Evercore Wealth Management LLC purchased a new position in shares of Calisa Acquisition in the first quarter valued at $166,000. Virtu Financial LLC purchased a new stake in Calisa Acquisition during the 4th quarter worth about $187,000. StoneX Group Inc. bought a new position in Calisa Acquisition in the 4th quarter worth about $837,000. Boothbay Fund Management LLC bought a new position in Calisa Acquisition in the 4th quarter worth about $894,000. Finally, Radcliffe Capital Management L.P. purchased a new position in Calisa Acquisition during the 4th quarter valued at about $1,241,000.

Calisa Acquisition Stock Performance

NASDAQ ALIS opened at $10.13 on Monday. The company has a 50 day simple moving average of $10.08. Calisa Acquisition has a 12-month low of $9.85 and a 12-month high of $10.17.

Calisa Acquisition (NASDAQ:ALIS) last released its quarterly earnings data on Wednesday, March 25th. The company reported $0.11 EPS for the quarter.

Calisa Acquisition Company Profile

Calisa Acquisition (NASDAQ: ALIS) is a special purpose acquisition company (SPAC) that is publicly traded on the Nasdaq stock exchange. As a blank‑check vehicle, its primary corporate purpose is to identify, negotiate and complete one or more business combinations, such as mergers, share exchanges, asset acquisitions, or similar transactions that would result in a privately held company becoming publicly listed through the SPAC structure.

Like other SPACs, Calisa Acquisition typically raises capital through an initial public offering and holds those proceeds in a trust account while it evaluates potential target companies.