Four Leaf Acquisition Co. (NASDAQ:FORL) Sees Significant Growth in Short Interest

Four Leaf Acquisition Co. (NASDAQ:FORL) saw a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 9,600 shares, a growth of 31.5% from the December 15th total of 7,300 shares. Based on an average daily trading volume, of 6,000 shares, the short-interest ratio is presently 1.6 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Trading of Four Leaf Acquisition

Institutional investors have recently made changes to their positions in the business. Virtu Financial LLC purchased a new position in Four Leaf Acquisition in the 3rd quarter worth approximately $206,000. Clear Street LLC purchased a new position in shares of Four Leaf Acquisition in the second quarter worth $320,000. Wolverine Asset Management LLC boosted its position in shares of Four Leaf Acquisition by 13.0% during the third quarter. Wolverine Asset Management LLC now owns 260,886 shares of the company’s stock worth $2,870,000 after acquiring an additional 29,964 shares during the last quarter. SkyView Investment Advisors LLC purchased a new position in Four Leaf Acquisition during the second quarter valued at $383,000. Finally, Berkley W R Corp bought a new stake in Four Leaf Acquisition in the 3rd quarter valued at $1,456,000. Hedge funds and other institutional investors own 72.96% of the company’s stock.

Four Leaf Acquisition Trading Down 0.1 %

Shares of FORL stock opened at $11.09 on Friday. The stock has a fifty day simple moving average of $11.07 and a two-hundred day simple moving average of $11.02. Four Leaf Acquisition has a 52-week low of $10.58 and a 52-week high of $11.29.

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.