Short Interest in Independence Holdings Corp. (NASDAQ:ACQRU) Declines By 84.6%

Independence Holdings Corp. (NASDAQ:ACQRU) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totalling 3,200 shares, a decline of 84.6% from the September 15th total of 20,800 shares. Based on an average trading volume of 16,600 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

NASDAQ:ACQRU opened at $9.97 on Thursday. The firm has a 50 day simple moving average of $9.92 and a 200-day simple moving average of $9.99. Independence has a 1-year low of $9.82 and a 1-year high of $10.73.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Citadel Advisors LLC purchased a new position in shares of Independence in the first quarter valued at $25,000,000. Millennium Management LLC acquired a new stake in shares of Independence in the 1st quarter worth about $24,866,000. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Independence in the 1st quarter worth about $20,110,000. Credit Suisse AG bought a new position in Independence in the 1st quarter valued at about $20,000,000. Finally, Security Benefit Life Insurance Co. KS bought a new position in Independence in the 2nd quarter valued at about $19,597,000.

About Independence

Independence Holdings Corp. a blank check company, intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York.

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