L Catterton Asia Acquisition Corp (NASDAQ:LCAA) Short Interest Up 248.8% in April

L Catterton Asia Acquisition Corp (NASDAQ:LCAAGet Rating) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 14,300 shares, a growth of 248.8% from the March 31st total of 4,100 shares. Based on an average daily trading volume, of 55,100 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are short sold.

Several institutional investors have recently added to or reduced their stakes in the company. Citadel Advisors LLC boosted its holdings in L Catterton Asia Acquisition by 45.6% during the fourth quarter. Citadel Advisors LLC now owns 1,595,613 shares of the company’s stock worth $15,541,000 after purchasing an additional 499,371 shares during the last quarter. Marshall Wace LLP boosted its holdings in L Catterton Asia Acquisition by 14.5% during the fourth quarter. Marshall Wace LLP now owns 874,628 shares of the company’s stock worth $8,519,000 after purchasing an additional 110,808 shares during the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in L Catterton Asia Acquisition by 54.5% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 625,126 shares of the company’s stock worth $6,089,000 after purchasing an additional 220,418 shares during the last quarter. Macquarie Group Ltd. acquired a new position in L Catterton Asia Acquisition during the third quarter worth $5,838,000. Finally, Glazer Capital LLC boosted its holdings in L Catterton Asia Acquisition by 12,287.2% during the fourth quarter. Glazer Capital LLC now owns 368,023 shares of the company’s stock worth $3,570,000 after purchasing an additional 365,052 shares during the last quarter. Institutional investors own 56.83% of the company’s stock.

L Catterton Asia Acquisition stock opened at $9.81 on Thursday. L Catterton Asia Acquisition has a twelve month low of $9.57 and a twelve month high of $10.74. The company has a 50 day moving average of $9.75 and a 200-day moving average of $9.75.

About L Catterton Asia Acquisition (Get Rating)

L Catterton Asia Acquisition Corp focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2021 and is based in Singapore.

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