Short Interest in Endurance Acquisition Corp. (NASDAQ:EDNC) Declines By 34.9%

Endurance Acquisition Corp. (NASDAQ:EDNCGet Rating) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totalling 12,700 shares, a decline of 34.9% from the March 15th total of 19,500 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 74,800 shares, the short-interest ratio is currently 0.2 days.

EDNC stock opened at $9.84 on Friday. The stock’s 50 day moving average price is $9.82. Endurance Acquisition has a fifty-two week low of $9.68 and a fifty-two week high of $10.71.

A number of institutional investors have recently made changes to their positions in the stock. HighTower Advisors LLC purchased a new position in Endurance Acquisition in the fourth quarter worth about $156,000. Schonfeld Strategic Advisors LLC bought a new stake in Endurance Acquisition in the fourth quarter worth about $245,000. Exos Asset Management LLC bought a new stake in Endurance Acquisition in the fourth quarter worth about $378,000. Beryl Capital Management LLC bought a new stake in Endurance Acquisition in the fourth quarter worth about $538,000. Finally, Wolverine Asset Management LLC bought a new stake in Endurance Acquisition in the fourth quarter worth about $801,000. 21.55% of the stock is currently owned by institutional investors.

About Endurance Acquisition (Get Rating)

Endurance Acquisition Corp. intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on pursuing opportunities in sectors, such as platforms and sensors, mobile communications, internet of things, and AI and big data analytics sectors.

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