Social Capital Hedosophia Holdings Corp. IV (NYSE:IPOD) Short Interest Update

Social Capital Hedosophia Holdings Corp. IV (NYSE:IPOD) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totalling 176,700 shares, a decline of 37.3% from the August 15th total of 281,700 shares. Based on an average daily volume of 285,000 shares, the short-interest ratio is presently 0.6 days. Approximately 0.4% of the company’s stock are short sold.

Shares of NYSE:IPOD traded down $0.03 during midday trading on Monday, reaching $10.02. The company had a trading volume of 451,079 shares, compared to its average volume of 805,323. The stock’s fifty day moving average price is $10.06 and its 200-day moving average price is $10.58. Social Capital Hedosophia Holdings Corp. IV has a one year low of $9.82 and a one year high of $18.31.

Large investors have recently modified their holdings of the stock. Graham Capital Management L.P. bought a new stake in shares of Social Capital Hedosophia Holdings Corp. IV in the first quarter worth $16,045,000. Highland Capital Management Fund Advisors L.P. bought a new stake in shares of Social Capital Hedosophia Holdings Corp. IV in the first quarter worth $438,000. Marathon Trading Investment Management LLC bought a new stake in shares of Social Capital Hedosophia Holdings Corp. IV in the first quarter worth $1,789,000. Penserra Capital Management LLC bought a new stake in shares of Social Capital Hedosophia Holdings Corp. IV in the first quarter worth $269,000. Finally, Group One Trading L.P. bought a new stake in Social Capital Hedosophia Holdings Corp. IV during the first quarter valued at $3,642,000. Institutional investors and hedge funds own 33.81% of the company’s stock.

Social Capital Hedosophia Holdings Corp. IV Company Profile

Social Capital Hedosophia Holdings Corp. IV intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the technology industries. The company was founded in 2020 and is based in Palo Alto, California.

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