Avista Public Acquisition Corp. II (NASDAQ:AHPA) Short Interest Up 191.6% in March

Avista Public Acquisition Corp. II (NASDAQ:AHPAGet Rating) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 41,700 shares, an increase of 191.6% from the March 15th total of 14,300 shares. Based on an average trading volume of 124,300 shares, the short-interest ratio is currently 0.3 days.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Beryl Capital Management LLC purchased a new position in Avista Public Acquisition Corp. II in the 4th quarter worth approximately $17,101,000. Citadel Advisors LLC purchased a new position in Avista Public Acquisition Corp. II in the 4th quarter worth approximately $13,296,000. MMCAP International Inc. SPC purchased a new position in Avista Public Acquisition Corp. II in the 4th quarter worth approximately $9,250,000. Weiss Asset Management LP purchased a new stake in Avista Public Acquisition Corp. II during the 3rd quarter valued at $9,278,000. Finally, Bank of America Corp DE purchased a new stake in Avista Public Acquisition Corp. II during the 4th quarter valued at $6,413,000. Institutional investors own 12.76% of the company’s stock.

Shares of NASDAQ AHPA opened at $10.07 on Thursday. Avista Public Acquisition Corp. II has a twelve month low of $9.75 and a twelve month high of $10.50. The stock has a 50 day moving average price of $10.02.

Avista Public Acquisition Corp. II Company Profile (Get Rating)

Avista Public Acquisition Corp. II intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on pursuing businesses in the healthcare industry. The company was incorporated in 2021 and is based in New York, New York.

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