Skydeck Acquisition Corp. (NASDAQ:SKYA) Short Interest Up 240.0% in March

Skydeck Acquisition Corp. (NASDAQ:SKYA – Get Rating) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 1,700 shares, a growth of 240.0% from the March 15th total of 500 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 56,600 shares, the short-interest ratio is currently 0.0 days.

NASDAQ:SKYA opened at $9.75 on Wednesday. The stock’s 50-day simple moving average is $9.71 and its 200 day simple moving average is $9.74. Skydeck Acquisition has a twelve month low of $9.60 and a twelve month high of $10.00.

Large investors have recently added to or reduced their stakes in the stock. Ancora Advisors LLC acquired a new stake in shares of Skydeck Acquisition during the third quarter valued at about $29,000. Magnetar Financial LLC bought a new position in shares of Skydeck Acquisition during the third quarter worth about $101,000. Weiss Asset Management LP bought a new position in shares of Skydeck Acquisition during the third quarter worth about $126,000. HighTower Advisors LLC bought a new position in shares of Skydeck Acquisition during the third quarter worth about $199,000. Finally, Dupont Capital Management Corp bought a new position in shares of Skydeck Acquisition during the third quarter worth about $483,000. 98.61% of the stock is currently owned by institutional investors and hedge funds.

About Skydeck Acquisition (Get Rating)

Skydeck Acquisition Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Providence, Rhode Island.

Read More