Catalyst Partners Acquisition Corp. (NASDAQ:CPARU) Short Interest Up 193.3% in April

Catalyst Partners Acquisition Corp. (NASDAQ:CPARUGet Rating) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 4,400 shares, an increase of 193.3% from the March 31st total of 1,500 shares. Based on an average trading volume of 39,200 shares, the short-interest ratio is presently 0.1 days.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. General Catalyst Group Management LLC lifted its stake in shares of Catalyst Partners Acquisition by 10.2% in the 3rd quarter. General Catalyst Group Management LLC now owns 7,714,286 shares of the company’s stock valued at $75,985,000 after purchasing an additional 713,571 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Catalyst Partners Acquisition by 0.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,712,368 shares of the company’s stock valued at $17,142,000 after buying an additional 6,590 shares during the period. JPMorgan Chase & Co. acquired a new position in Catalyst Partners Acquisition in the fourth quarter valued at about $9,009,000. Periscope Capital Inc. boosted its stake in Catalyst Partners Acquisition by 27.3% during the third quarter. Periscope Capital Inc. now owns 636,667 shares of the company’s stock worth $6,271,000 after buying an additional 136,667 shares during the period. Finally, Atreides Management LP increased its position in shares of Catalyst Partners Acquisition by 5.8% during the fourth quarter. Atreides Management LP now owns 550,473 shares of the company’s stock valued at $5,510,000 after acquiring an additional 30,401 shares during the last quarter.

Shares of CPARU stock opened at $9.86 on Thursday. The firm’s 50-day moving average is $9.87 and its two-hundred day moving average is $9.90. Catalyst Partners Acquisition has a 12 month low of $9.72 and a 12 month high of $10.83.

About Catalyst Partners Acquisition (Get Rating)

Catalyst Partners Acquisition Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Cambridge, Massachusetts.

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