Welsbach Technology Metals Acquisition Corp. (NASDAQ:WTMA – Get Free Report) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 1,000 shares, a decrease of 23.1% from the July 15th total of 1,300 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is presently 0.4 days.
Welsbach Technology Metals Acquisition Stock Performance
WTMA stock opened at $11.18 on Wednesday. Welsbach Technology Metals Acquisition has a 12-month low of $10.51 and a 12-month high of $11.68. The company has a 50 day moving average of $11.11 and a two-hundred day moving average of $10.99.
Institutional Trading of Welsbach Technology Metals Acquisition
Several hedge funds and other institutional investors have recently modified their holdings of WTMA. Tidal Investments LLC increased its position in Welsbach Technology Metals Acquisition by 3.2% in the 1st quarter. Tidal Investments LLC now owns 35,562 shares of the company’s stock worth $390,000 after purchasing an additional 1,100 shares during the last quarter. Robinson Capital Management LLC acquired a new position in Welsbach Technology Metals Acquisition in the fourth quarter worth approximately $676,000. Cable Car Capital LLC acquired a new position in Welsbach Technology Metals Acquisition in the fourth quarter worth approximately $3,224,000. Finally, K2 Principal Fund L.P. bought a new position in Welsbach Technology Metals Acquisition during the fourth quarter valued at approximately $112,000. 48.61% of the stock is currently owned by hedge funds and other institutional investors.
About Welsbach Technology Metals Acquisition
Welsbach Technology Metals Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the technology metals and energy transition metals sectors.
Read More
- Five stocks we like better than Welsbach Technology Metals Acquisition
- Pros And Cons Of Monthly Dividend Stocks
- Chipotle Mexican Grill: Take a Bite of This Smoking Hot Deal
- What Does a Stock Split Mean?
- Why O’Reilly Automotive Stock Could Be a Long-Term Winner
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Hut 8 Corp.’s Earnings: Is Crypto Mining About to Change?
Receive News & Ratings for Welsbach Technology Metals Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Welsbach Technology Metals Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
