Four Leaf Acquisition Co. (NASDAQ:FORL) Short Interest Up 31.5% in December

Four Leaf Acquisition Co. (NASDAQ:FORL) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 9,600 shares, an increase of 31.5% from the December 15th total of 7,300 shares. Based on an average daily volume of 6,000 shares, the short-interest ratio is presently 1.6 days. Approximately 0.4% of the company’s stock are short sold.

Institutional Trading of Four Leaf Acquisition

A number of hedge funds and other institutional investors have recently modified their holdings of the business. K2 Principal Fund L.P. purchased a new position in Four Leaf Acquisition in the second quarter valued at about $1,587,000. Berkley W R Corp purchased a new position in shares of Four Leaf Acquisition during the 3rd quarter valued at approximately $1,456,000. SkyView Investment Advisors LLC acquired a new stake in shares of Four Leaf Acquisition during the second quarter worth approximately $383,000. Wolverine Asset Management LLC increased its stake in shares of Four Leaf Acquisition by 13.0% in the third quarter. Wolverine Asset Management LLC now owns 260,886 shares of the company’s stock worth $2,870,000 after buying an additional 29,964 shares during the last quarter. Finally, Clear Street LLC acquired a new stake in Four Leaf Acquisition in the second quarter valued at $320,000. 72.96% of the stock is owned by hedge funds and other institutional investors.

Four Leaf Acquisition Stock Down 0.1 %

FORL opened at $11.09 on Friday. Four Leaf Acquisition has a twelve month low of $10.58 and a twelve month high of $11.29. The company has a fifty day simple moving average of $11.07 and a 200 day simple moving average of $11.02.

Four Leaf Acquisition Company Profile

Four Leaf Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to acquire the Internet of Things business.