Lafayette Acquisition Corp. (NASDAQ:LAFAR) Short Interest Update

Lafayette Acquisition Corp. (NASDAQ:LAFAR) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 2,532 shares, a growth of 63.0% from the June 30th total of 1,553 shares. Based on an average daily volume of 5,091 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On Lafayette Acquisition

Hedge funds and other institutional investors have recently bought and sold shares of the business. Clear Street Group Inc. bought a new position in shares of Lafayette Acquisition in the 4th quarter worth $25,000. Radcliffe Capital Management L.P. acquired a new stake in shares of Lafayette Acquisition during the fourth quarter worth $27,000. 683 Capital Management LLC acquired a new position in Lafayette Acquisition in the fourth quarter valued at about $34,000. First Trust Capital Management L.P. bought a new position in Lafayette Acquisition during the fourth quarter worth about $41,000. Finally, Rivernorth Capital Management LLC acquired a new position in shares of Lafayette Acquisition during the 1st quarter worth about $36,000.

Lafayette Acquisition Trading Down 0.1%

Shares of NASDAQ LAFAR traded down $0.00 during mid-day trading on Friday, hitting $0.09. The company’s stock had a trading volume of 6,880 shares, compared to its average volume of 17,811. Lafayette Acquisition has a one year low of $0.07 and a one year high of $0.30. The company has a fifty day simple moving average of $0.11.

Lafayette Acquisition Company Profile

We are a blank check company incorporated in the Cayman Islands on June 7, 2024, as an exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” with a business or entity, which we refer to throughout this prospectus as a “target business”. To date, our efforts have been limited to organizational activities and activities related to this offering.