Northern Star Investment Corp. IV (NYSE:NSTD) Short Interest Update

Northern Star Investment Corp. IV (NYSE:NSTDGet Rating) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 7,000 shares, a growth of 775.0% from the March 15th total of 800 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 34,800 shares, the days-to-cover ratio is currently 0.2 days.

Shares of NSTD traded up $0.01 on Tuesday, hitting $9.78. The company’s stock had a trading volume of 125 shares, compared to its average volume of 56,113. Northern Star Investment Corp. IV has a fifty-two week low of $9.64 and a fifty-two week high of $10.19. The company has a 50 day moving average price of $9.73 and a 200 day moving average price of $9.75.

A number of large investors have recently bought and sold shares of the business. Marshall Wace LLP bought a new stake in shares of Northern Star Investment Corp. IV during the 3rd quarter valued at $12,054,000. Cubist Systematic Strategies LLC bought a new stake in shares of Northern Star Investment Corp. IV during the 4th quarter valued at $7,321,000. Saba Capital Management L.P. raised its position in shares of Northern Star Investment Corp. IV by 68.3% during the 4th quarter. Saba Capital Management L.P. now owns 1,232,492 shares of the company’s stock valued at $12,004,000 after acquiring an additional 500,000 shares during the last quarter. Hsbc Holdings PLC bought a new stake in shares of Northern Star Investment Corp. IV during the 3rd quarter valued at $2,443,000. Finally, JPMorgan Chase & Co. bought a new stake in shares of Northern Star Investment Corp. IV in the 4th quarter valued at $731,000. 53.43% of the stock is currently owned by hedge funds and other institutional investors.

Northern Star Investment Corp. IV Company Profile (Get Rating)

Northern Star Investment Corp. IV does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.

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