Cetus Capital Acquisition Corp. (NASDAQ:CETU) Short Interest Update

Cetus Capital Acquisition Corp. (NASDAQ:CETU) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 200 shares, a decline of 50.0% from the February 29th total of 400 shares. Based on an average trading volume of 40,700 shares, the short-interest ratio is presently 0.0 days.

Cetus Capital Acquisition Trading Up 0.1 %

NASDAQ CETU traded up $0.01 during trading on Thursday, reaching $10.60. 4,517 shares of the company’s stock were exchanged, compared to its average volume of 79,116. Cetus Capital Acquisition has a fifty-two week low of $10.09 and a fifty-two week high of $11.53. The company’s fifty day simple moving average is $10.55 and its 200-day simple moving average is $10.51.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Mizuho Securities USA LLC acquired a new position in Cetus Capital Acquisition in the third quarter worth about $2,057,000. Shaolin Capital Management LLC bought a new stake in Cetus Capital Acquisition during the third quarter worth about $3,110,000. Karpus Management Inc. bought a new stake in shares of Cetus Capital Acquisition during the second quarter valued at approximately $1,420,000. Warberg Asset Management LLC bought a new stake in shares of Cetus Capital Acquisition during the third quarter valued at approximately $284,000. Finally, Kim LLC lifted its holdings in Cetus Capital Acquisition by 45.7% in the second quarter. Kim LLC now owns 255,000 shares of the company’s stock valued at $2,624,000 after buying an additional 80,000 shares during the period. Institutional investors and hedge funds own 70.04% of the company’s stock.

About Cetus Capital Acquisition

Cetus Capital Acquisition Corp. is a blank check company. The company focuses on merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. Cetus Capital Acquisition Corp. was incorporated in 2022 and is based in Taipei, Taiwan.