Argus Capital Corp. (NASDAQ:ARGU) Short Interest Up 107.7% in March

Argus Capital Corp. (NASDAQ:ARGUGet Rating) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 10,800 shares, a growth of 107.7% from the March 15th total of 5,200 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 35,400 shares, the days-to-cover ratio is presently 0.3 days.

Shares of NASDAQ:ARGU opened at $9.99 on Friday. The stock’s fifty day moving average is $9.94. Argus Capital has a 12 month low of $9.82 and a 12 month high of $10.00.

A number of large investors have recently made changes to their positions in ARGU. Segantii Capital Management Ltd acquired a new stake in Argus Capital during the 4th quarter worth $496,000. Deltec Asset Management LLC acquired a new position in Argus Capital in the fourth quarter valued at $495,000. Dupont Capital Management Corp acquired a new position in Argus Capital in the fourth quarter valued at $496,000. Bank of America Corp DE acquired a new position in Argus Capital in the fourth quarter valued at $990,000. Finally, Wolverine Asset Management LLC acquired a new position in Argus Capital in the fourth quarter valued at $4,787,000. Hedge funds and other institutional investors own 0.66% of the company’s stock.

Argus Capital Company Profile (Get Rating)

Argus Capital Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the media/entertainment/sports industries. The company was incorporated in 2021 and is based in New York, New York.

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