Williams Rowland Acquisition Corp. (NYSE:WRAC) Short Interest Down 34.2% in March

Williams Rowland Acquisition Corp. (NYSE:WRAC – Get Rating) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 2,500 shares, a decrease of 34.2% from the March 15th total of 3,800 shares. Based on an average daily volume of 92,700 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Shares of WRAC opened at $10.00 on Friday. The company has a 50 day simple moving average of $9.96. Williams Rowland Acquisition has a 52-week low of $9.80 and a 52-week high of $10.12.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Cantor Fitzgerald Investment Adviser L.P. purchased a new stake in Williams Rowland Acquisition in the fourth quarter valued at approximately $2,517,000. Bank of America Corp DE purchased a new stake in shares of Williams Rowland Acquisition during the fourth quarter worth approximately $2,468,000. Beryl Capital Management LLC purchased a new stake in shares of Williams Rowland Acquisition during the third quarter worth approximately $1,978,000. Berkley W R Corp purchased a new stake in shares of Williams Rowland Acquisition during the third quarter worth approximately $1,646,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Williams Rowland Acquisition during the fourth quarter worth approximately $1,212,000. 35.42% of the stock is owned by hedge funds and other institutional investors.

Williams Rowland Acquisition Company Profile (Get Rating)

Williams Rowland Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets in financial services, fintech, and technology sectors.

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