Blue Acquisition Corp/Cayman (NASDAQ:BACCU) Short Interest Update

Blue Acquisition Corp/Cayman (NASDAQ:BACCU) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 1 shares, a decrease of 99.8% from the June 15th total of 564 shares. Based on an average trading volume of 12,623 shares, the short-interest ratio is currently 0.0 days.

Blue Acquisition Corp/Cayman Stock Performance

Blue Acquisition Corp/Cayman stock remained flat at $11.25 during midday trading on Friday. The business has a 50 day moving average of $10.85. Blue Acquisition Corp/Cayman has a 52-week low of $10.01 and a 52-week high of $11.75.

Institutional Trading of Blue Acquisition Corp/Cayman

A hedge fund recently raised its stake in Blue Acquisition Corp/Cayman stock. Toronto Dominion Bank grew its holdings in Blue Acquisition Corp/Cayman (NASDAQ:BACCU) by 85.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 277,773 shares of the company’s stock after purchasing an additional 127,773 shares during the quarter. Toronto Dominion Bank’s holdings in Blue Acquisition Corp/Cayman were worth $2,922,000 at the end of the most recent reporting period.

About Blue Acquisition Corp/Cayman

Blue Acquisition Corp/Cayman (NASDAQ: BACCU) is a special purpose acquisition company (SPAC) formed as an exempted company under the laws of the Cayman Islands and listed on the NASDAQ Stock Market. The company has issued units under the BACCU ticker and, like other SPACs, was created to raise capital through an initial public offering for the purpose of effecting a business combination.

As a blank?check acquisition vehicle, Blue Acquisition Corp does not operate commercial businesses or sell products or services.