Coliseum Acquisition Corp. (NASDAQ:MITA) Short Interest Update

Coliseum Acquisition Corp. (NASDAQ:MITA) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 700 shares, a decrease of 41.7% from the March 31st total of 1,200 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is presently 0.4 days.

Coliseum Acquisition Stock Performance

MITA stock remained flat at $10.82 during midday trading on Friday. 76 shares of the company’s stock were exchanged, compared to its average volume of 929. Coliseum Acquisition has a 1 year low of $10.26 and a 1 year high of $11.81. The stock’s 50 day moving average price is $10.80 and its 200-day moving average price is $10.73.

Hedge Funds Weigh In On Coliseum Acquisition

Hedge funds and other institutional investors have recently bought and sold shares of the business. Periscope Capital Inc. grew its position in shares of Coliseum Acquisition by 14.3% in the 3rd quarter. Periscope Capital Inc. now owns 200,044 shares of the company’s stock valued at $2,128,000 after acquiring an additional 25,044 shares during the period. Robinson Capital Management LLC acquired a new position in shares of Coliseum Acquisition during the 4th quarter worth approximately $390,000. BCK Capital Management LP bought a new stake in shares of Coliseum Acquisition during the 3rd quarter worth approximately $593,000. Mizuho Securities USA LLC lifted its holdings in shares of Coliseum Acquisition by 26.0% during the 3rd quarter. Mizuho Securities USA LLC now owns 669,879 shares of the company’s stock worth $7,107,000 after acquiring an additional 138,043 shares during the period. Finally, Spartan Fund Management Inc. bought a new stake in shares of Coliseum Acquisition during the 3rd quarter worth approximately $1,596,000. 25.79% of the stock is owned by institutional investors.

About Coliseum Acquisition

Coliseum 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. Coliseum Acquisition Corp. was incorporated in 2021 and is based in New York, New York.