Constellation Acquisition Corp I (NYSE:CSTA) Sees Significant Decline in Short Interest

Constellation Acquisition Corp I (NYSE:CSTAGet Rating) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 2,400 shares, a decrease of 40.0% from the March 31st total of 4,000 shares. Based on an average daily trading volume, of 60,300 shares, the short-interest ratio is presently 0.0 days.

A number of institutional investors have recently bought and sold shares of CSTA. Bank of America Corp DE acquired a new position in Constellation Acquisition Corp I during the 2nd quarter valued at about $48,000. Hsbc Holdings PLC acquired a new position in Constellation Acquisition Corp I during the 3rd quarter valued at about $3,409,000. Weiss Asset Management LP lifted its stake in shares of Constellation Acquisition Corp I by 31.1% in the 3rd quarter. Weiss Asset Management LP now owns 346,819 shares of the company’s stock worth $3,385,000 after acquiring an additional 82,280 shares during the period. Dark Forest Capital Management LP acquired a new stake in shares of Constellation Acquisition Corp I in the 3rd quarter worth approximately $106,000. Finally, Omni Partners US LLC lifted its stake in shares of Constellation Acquisition Corp I by 1.3% in the 3rd quarter. Omni Partners US LLC now owns 231,876 shares of the company’s stock worth $2,263,000 after acquiring an additional 3,070 shares during the period. 58.81% of the stock is owned by hedge funds and other institutional investors.

Constellation Acquisition Corp I stock opened at $9.83 on Friday. The firm has a 50-day moving average price of $9.80 and a two-hundred day moving average price of $9.78. Constellation Acquisition Corp I has a 52-week low of $9.61 and a 52-week high of $10.02.

Constellation Acquisition Corp I Company Profile (Get Rating)

Constellation Acquisition Corp I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Port Chester, New York.

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