Alpha Star Acquisition Co. (NASDAQ:ALSA) Short Interest Up 60.0% in July

Alpha Star Acquisition Co. (NASDAQ:ALSA) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 800 shares, a growth of 60.0% from the July 15th total of 500 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,900 shares, the days-to-cover ratio is presently 0.1 days.

Alpha Star Acquisition Stock Performance

NASDAQ:ALSA opened at $11.87 on Thursday. Alpha Star Acquisition has a 1-year low of $10.45 and a 1-year high of $13.34. The business has a 50 day moving average of $11.63 and a 200 day moving average of $11.43.

Institutional Trading of Alpha Star Acquisition

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Clear Street LLC bought a new stake in Alpha Star Acquisition in the second quarter valued at approximately $52,000. Spartan Fund Management Inc. bought a new stake in Alpha Star Acquisition in the fourth quarter valued at approximately $144,000. Cowen AND Company LLC bought a new stake in Alpha Star Acquisition in the fourth quarter valued at approximately $228,000. Glazer Capital LLC lifted its position in Alpha Star Acquisition by 1.7% in the fourth quarter. Glazer Capital LLC now owns 214,305 shares of the company’s stock valued at $2,398,000 after purchasing an additional 3,500 shares during the last quarter. Finally, Mizuho Securities USA LLC increased its stake in shares of Alpha Star Acquisition by 30.9% during the first quarter. Mizuho Securities USA LLC now owns 261,849 shares of the company’s stock valued at $2,933,000 after buying an additional 61,849 shares during the period. Institutional investors own 65.12% of the company’s stock.

Alpha Star Acquisition Company Profile

Alpha Star Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in clean energy, internet and high technology, financial technology, health care, consumer and retail, energy and resources, manufacturing, and education sectors in Asia.