ARYA Sciences Acquisition Corp IV (NASDAQ:ARYD) Short Interest Up 400.0% in April

ARYA Sciences Acquisition Corp IV (NASDAQ:ARYD) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 500 shares, a growth of 400.0% from the March 31st total of 100 shares. Based on an average daily volume of 40,500 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On ARYA Sciences Acquisition Corp IV

Several institutional investors have recently modified their holdings of ARYD. Virtu Financial LLC purchased a new position in ARYA Sciences Acquisition Corp IV in the fourth quarter valued at $204,000. Mizuho Securities USA LLC boosted its stake in shares of ARYA Sciences Acquisition Corp IV by 6.4% in the 3rd quarter. Mizuho Securities USA LLC now owns 104,345 shares of the company’s stock valued at $1,116,000 after buying an additional 6,278 shares during the period. Hsbc Holdings PLC acquired a new position in shares of ARYA Sciences Acquisition Corp IV during the fourth quarter worth about $1,630,000. Berkley W R Corp increased its stake in shares of ARYA Sciences Acquisition Corp IV by 24.3% during the fourth quarter. Berkley W R Corp now owns 188,862 shares of the company’s stock worth $2,055,000 after buying an additional 36,888 shares during the period. Finally, Cowen AND Company LLC raised its holdings in shares of ARYA Sciences Acquisition Corp IV by 85.1% in the 3rd quarter. Cowen AND Company LLC now owns 192,561 shares of the company’s stock valued at $2,084,000 after purchasing an additional 88,505 shares in the last quarter. Institutional investors and hedge funds own 48.08% of the company’s stock.

ARYA Sciences Acquisition Corp IV Stock Performance

Shares of ARYD stock opened at $11.33 on Friday. ARYA Sciences Acquisition Corp IV has a fifty-two week low of $10.41 and a fifty-two week high of $11.39. The company has a 50 day moving average price of $11.26 and a 200 day moving average price of $11.05.

ARYA Sciences Acquisition Corp IV Company Profile

Arya Sciences Acquisition Corp IV does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring North American or European companies in the life sciences and medical technology sectors.