KINS Technology Group Inc. (NASDAQ:KINZ) Short Interest Update

KINS Technology Group Inc. (NASDAQ:KINZ – Get Rating) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 10,900 shares, a growth of 91.2% from the March 15th total of 5,700 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 31,400 shares, the short-interest ratio is presently 0.3 days.

Shares of KINZ stock opened at $10.07 on Friday. The company’s 50-day simple moving average is $10.03 and its two-hundred day simple moving average is $9.99. KINS Technology Group has a one year low of $9.78 and a one year high of $10.07.

A number of large investors have recently bought and sold shares of KINZ. Marshall Wace LLP raised its holdings in shares of KINS Technology Group by 122.4% in the third quarter. Marshall Wace LLP now owns 1,339,619 shares of the company’s stock worth $13,316,000 after buying an additional 737,307 shares during the last quarter. Berkley W R Corp grew its position in KINS Technology Group by 54.2% during the third quarter. Berkley W R Corp now owns 1,002,413 shares of the company’s stock valued at $9,964,000 after buying an additional 352,479 shares during the period. Kohlberg Kravis Roberts & Co. L.P. grew its position in shares of KINS Technology Group by 7.0% in the fourth quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 379,990 shares of the company’s stock valued at $3,762,000 after purchasing an additional 24,740 shares during the period. Sculptor Capital LP acquired a new stake in shares of KINS Technology Group in the third quarter valued at about $3,601,000. Finally, Cantor Fitzgerald Investment Adviser L.P. acquired a new stake in shares of KINS Technology Group in the fourth quarter valued at about $2,548,000. 71.76% of the stock is owned by institutional investors.

About KINS Technology Group (Get Rating)

KINS Technology Group Inc 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. KINS Technology Group Inc was incorporated in 2020 and is based in Palo Alto, California.

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