Athlon Acquisition Corp. (NASDAQ:SWET) Sees Large Decrease in Short Interest

Athlon Acquisition Corp. (NASDAQ:SWETGet Rating) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 6,900 shares, a drop of 15.9% from the March 31st total of 8,200 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 28,400 shares, the short-interest ratio is currently 0.2 days.

SWET stock opened at $9.82 on Wednesday. Athlon Acquisition has a one year low of $9.60 and a one year high of $9.85. The company has a fifty day moving average of $9.79 and a 200-day moving average of $9.77.

Hedge funds have recently added to or reduced their stakes in the company. Landscape Capital Management L.L.C. lifted its stake in shares of Athlon Acquisition by 8.8% in the 4th quarter. Landscape Capital Management L.L.C. now owns 21,031 shares of the company’s stock worth $205,000 after acquiring an additional 1,701 shares during the period. Picton Mahoney Asset Management acquired a new stake in shares of Athlon Acquisition in the 3rd quarter worth $2,445,000. Millennium Management LLC lifted its stake in shares of Athlon Acquisition by 1.6% in the 3rd quarter. Millennium Management LLC now owns 1,093,547 shares of the company’s stock worth $10,695,000 after acquiring an additional 16,755 shares during the period. Basso Capital Management L.P. lifted its stake in shares of Athlon Acquisition by 20.4% in the third quarter. Basso Capital Management L.P. now owns 265,568 shares of the company’s stock valued at $2,597,000 after purchasing an additional 45,079 shares during the period. Finally, Magnetar Financial LLC acquired a new stake in shares of Athlon Acquisition in the third quarter valued at about $101,000. Institutional investors own 71.41% of the company’s stock.

About Athlon Acquisition (Get Rating)

Athlon Acquisition Corp. does not have significant operations. It 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 incorporated in 2020 and is based in Cambridge, Massachusetts.

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