Short Interest in Waverley Capital Acquisition Corp. 1 (NYSE:WAVC) Grows By 42.9%

Waverley Capital Acquisition Corp. 1 (NYSE:WAVCGet Rating) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 1,000 shares, a growth of 42.9% from the March 31st total of 700 shares. Based on an average daily trading volume, of 8,300 shares, the short-interest ratio is presently 0.1 days.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Cubist Systematic Strategies LLC acquired a new stake in shares of Waverley Capital Acquisition Corp. 1 in the fourth quarter valued at approximately $479,000. Exos Asset Management LLC lifted its holdings in shares of Waverley Capital Acquisition Corp. 1 by 3.4% during the first quarter. Exos Asset Management LLC now owns 51,720 shares of the company’s stock worth $501,000 after purchasing an additional 1,721 shares during the period. Citigroup Inc. bought a new stake in shares of Waverley Capital Acquisition Corp. 1 in the fourth quarter worth $1,868,000. Finally, Citadel Advisors LLC acquired a new stake in Waverley Capital Acquisition Corp. 1 in the fourth quarter valued at $5,601,000. 1.12% of the stock is currently owned by institutional investors.

Shares of NYSE:WAVC traded down $0.02 during midday trading on Friday, reaching $9.71. 1,010,863 shares of the company’s stock were exchanged, compared to its average volume of 4,235. The business has a 50 day moving average price of $9.67. Waverley Capital Acquisition Corp. 1 has a 12 month low of $9.50 and a 12 month high of $10.00.

Waverley Capital Acquisition Corp. 1 Company Profile (Get Rating)

Waverley Capital Acquisition Corp. 1 focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Palo Alto, California.

Featured Stories

Receive News & Ratings for Waverley Capital Acquisition Corp. 1 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Waverley Capital Acquisition Corp. 1 and related companies with MarketBeat.com's FREE daily email newsletter.