Short Interest in AP Acquisition Corp. (NYSE:APCA) Rises By 460.0%

AP Acquisition Corp. (NYSE:APCA) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 2,800 shares, an increase of 460.0% from the February 29th total of 500 shares. Based on an average daily trading volume, of 42,100 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On AP Acquisition

Several hedge funds and other institutional investors have recently modified their holdings of APCA. Mizuho Securities USA LLC grew its position in AP Acquisition by 1.4% in the 4th quarter. Mizuho Securities USA LLC now owns 801,117 shares of the company’s stock valued at $8,892,000 after purchasing an additional 11,117 shares during the period. Westchester Capital Management LLC grew its holdings in shares of AP Acquisition by 11.5% during the fourth quarter. Westchester Capital Management LLC now owns 485,820 shares of the company’s stock valued at $5,407,000 after buying an additional 50,000 shares during the last quarter. Hudson Bay Capital Management LP increased its position in shares of AP Acquisition by 20.0% during the third quarter. Hudson Bay Capital Management LP now owns 300,000 shares of the company’s stock worth $3,297,000 after acquiring an additional 50,000 shares in the last quarter. Berkley W R Corp raised its holdings in shares of AP Acquisition by 1.4% in the 1st quarter. Berkley W R Corp now owns 243,433 shares of the company’s stock worth $2,568,000 after acquiring an additional 3,433 shares during the last quarter. Finally, Flow State Investments L.P. lifted its position in AP Acquisition by 9.5% in the 4th quarter. Flow State Investments L.P. now owns 241,939 shares of the company’s stock valued at $2,693,000 after acquiring an additional 21,079 shares in the last quarter. Institutional investors own 65.91% of the company’s stock.

AP Acquisition Stock Up 0.1 %

APCA stock opened at $11.28 on Friday. The stock’s 50 day simple moving average is $11.22 and its 200 day simple moving average is $11.10. AP Acquisition has a fifty-two week low of $10.54 and a fifty-two week high of $11.29.

About AP Acquisition

AP Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses in the de-carbonization/renewable energy sectors with a focus in Japan/Asia (excluding China) and European markets.