CF Acquisition Corp. VIII (NASDAQ:CFFE – Get Rating) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 17,600 shares, a growth of 33.3% from the March 31st total of 13,200 shares. Based on an average daily trading volume, of 100,600 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are sold short.
Several large investors have recently modified their holdings of CFFE. Highbridge Capital Management LLC lifted its position in shares of CF Acquisition Corp. VIII by 72.0% during the 3rd quarter. Highbridge Capital Management LLC now owns 2,262,359 shares of the company’s stock worth $22,556,000 after buying an additional 946,969 shares during the last quarter. D. E. Shaw & Co. Inc. increased its holdings in shares of CF Acquisition Corp. VIII by 189.9% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 817,858 shares of the company’s stock valued at $8,162,000 after acquiring an additional 535,700 shares during the period. Periscope Capital Inc. acquired a new position in shares of CF Acquisition Corp. VIII in the 3rd quarter valued at $4,980,000. Mint Tower Capital Management B.V. acquired a new position in shares of CF Acquisition Corp. VIII in the 1st quarter valued at $4,977,000. Finally, Berkley W R Corp increased its holdings in shares of CF Acquisition Corp. VIII by 437.1% in the 3rd quarter. Berkley W R Corp now owns 417,978 shares of the company’s stock valued at $4,167,000 after acquiring an additional 340,160 shares during the period. Institutional investors and hedge funds own 64.57% of the company’s stock.
Shares of NASDAQ:CFFE traded up $0.01 during trading on Monday, hitting $10.10. 640 shares of the company were exchanged, compared to its average volume of 104,074. CF Acquisition Corp. VIII has a 12-month low of $9.67 and a 12-month high of $11.39. The company has a 50 day moving average of $10.06.
CF Acquisition Corp. VIII 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 2020 and is based in New York, New York.
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