Primavera Capital Acquisition Co. (NYSE:PV) Short Interest Down 71.4% in April

Primavera Capital Acquisition Co. (NYSE:PVGet Rating) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 9,000 shares, a decline of 71.4% from the March 31st total of 31,500 shares. Based on an average trading volume of 109,500 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

NYSE PV opened at $9.84 on Thursday. Primavera Capital Acquisition has a fifty-two week low of $9.56 and a fifty-two week high of $10.20. The business has a fifty day moving average of $9.81 and a 200-day moving average of $9.77.

A number of institutional investors have recently added to or reduced their stakes in the stock. PEAK6 Investments LLC increased its stake in Primavera Capital Acquisition by 51.0% in the fourth quarter. PEAK6 Investments LLC now owns 22,809 shares of the company’s stock valued at $221,000 after purchasing an additional 7,708 shares during the last quarter. Bank of Montreal Can purchased a new stake in Primavera Capital Acquisition during the fourth quarter valued at about $489,000. Ancora Advisors LLC purchased a new stake in Primavera Capital Acquisition during the third quarter valued at about $147,000. Berkley W R Corp grew its position in Primavera Capital Acquisition by 135.7% during the third quarter. Berkley W R Corp now owns 69,476 shares of the company’s stock valued at $677,000 after acquiring an additional 40,000 shares during the period. Finally, Penserra Capital Management LLC purchased a new stake in Primavera Capital Acquisition during the third quarter valued at about $111,000. Hedge funds and other institutional investors own 45.81% of the company’s stock.

Primavera Capital Acquisition Company Profile (Get Rating)

Primavera Capital Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more operating businesses in consumer companies China. The company was incorporated in 2020 and is based in Central, Hong Kong.

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