Deep Lake Capital Acquisition Corp. (NASDAQ:DLCA) Sees Large Growth in Short Interest

Deep Lake Capital Acquisition Corp. (NASDAQ:DLCAGet Rating) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 3,400 shares, a growth of 36.0% from the March 15th total of 2,500 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 53,200 shares, the short-interest ratio is presently 0.1 days.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Exos Asset Management LLC boosted its holdings in shares of Deep Lake Capital Acquisition by 9.4% during the 4th quarter. Exos Asset Management LLC now owns 129,736 shares of the company’s stock worth $1,269,000 after buying an additional 11,148 shares during the period. DLD Asset Management LP bought a new stake in shares of Deep Lake Capital Acquisition during the 4th quarter worth $423,000. Kohlberg Kravis Roberts & Co. L.P. boosted its holdings in shares of Deep Lake Capital Acquisition by 5.8% during the 4th quarter. Kohlberg Kravis Roberts & Co. L.P. now owns 148,913 shares of the company’s stock worth $1,456,000 after buying an additional 8,125 shares during the period. Marshall Wace LLP boosted its holdings in shares of Deep Lake Capital Acquisition by 2.5% during the 4th quarter. Marshall Wace LLP now owns 878,207 shares of the company’s stock worth $8,589,000 after buying an additional 21,766 shares during the period. Finally, D. E. Shaw & Co. Inc. raised its stake in Deep Lake Capital Acquisition by 506.7% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 653,117 shares of the company’s stock valued at $6,387,000 after purchasing an additional 545,466 shares during the last quarter. 63.49% of the stock is owned by institutional investors and hedge funds.

NASDAQ DLCA opened at $9.84 on Monday. The business’s fifty day moving average price is $9.79. Deep Lake Capital Acquisition has a 1 year low of $9.60 and a 1 year high of $9.96.

About Deep Lake Capital Acquisition (Get Rating)

Deep Lake Capital Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in Incline Village, Nevada.

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