BEST SPAC I Acquisition Corp. (NASDAQ:BSAAU) Short Interest Down 33.3% in September

BEST SPAC I Acquisition Corp. (NASDAQ:BSAAU) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 400 shares, a decline of 33.3% from the September 15th total of 600 shares. Based on an average trading volume of 16,400 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 16,400 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On BEST SPAC I Acquisition

A number of institutional investors have recently made changes to their positions in BSAAU. Jane Street Group LLC purchased a new stake in shares of BEST SPAC I Acquisition in the second quarter valued at $125,000. Mint Tower Capital Management B.V. purchased a new stake in shares of BEST SPAC I Acquisition in the second quarter valued at $452,000. Crossingbridge Advisors LLC purchased a new stake in shares of BEST SPAC I Acquisition in the second quarter valued at $490,000. Shaolin Capital Management LLC purchased a new stake in shares of BEST SPAC I Acquisition in the second quarter valued at $502,000. Finally, Meteora Capital LLC purchased a new stake in shares of BEST SPAC I Acquisition in the second quarter valued at $997,000.

BEST SPAC I Acquisition Stock Up 0.4%

NASDAQ BSAAU opened at $10.20 on Wednesday. BEST SPAC I Acquisition has a fifty-two week low of $10.01 and a fifty-two week high of $10.92. The business has a fifty day moving average of $10.15.

About BEST SPAC I Acquisition

We are a blank check company incorporated in the British Virgin Islands as a business company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.