Sanaby Health Acquisition Corp. I (NASDAQ:SANB) Sees Large Decrease in Short Interest

Sanaby Health Acquisition Corp. I (NASDAQ:SANBGet Rating) saw a significant drop in short interest in April. As of April 30th, there was short interest totalling 800 shares, a drop of 86.9% from the April 15th total of 6,100 shares. Based on an average daily trading volume, of 11,000 shares, the short-interest ratio is currently 0.1 days.

Several hedge funds and other institutional investors have recently bought and sold shares of SANB. Arena Investors LP acquired a new stake in shares of Sanaby Health Acquisition Corp. I during the first quarter worth approximately $196,000. Radcliffe Capital Management L.P. acquired a new stake in shares of Sanaby Health Acquisition Corp. I during the fourth quarter worth approximately $199,000. Fifth Lane Capital LP acquired a new stake in shares of Sanaby Health Acquisition Corp. I during the fourth quarter worth approximately $397,000. Walleye Trading LLC acquired a new stake in shares of Sanaby Health Acquisition Corp. I during the fourth quarter worth approximately $482,000. Finally, Walleye Capital LLC acquired a new stake in shares of Sanaby Health Acquisition Corp. I during the fourth quarter worth approximately $708,000.

Shares of NASDAQ SANB remained flat at $$10.03 during mid-day trading on Wednesday. The company has a 50-day moving average of $10.01. The company has a quick ratio of 4.73, a current ratio of 4.73 and a debt-to-equity ratio of 39.33. Sanaby Health Acquisition Corp. I has a one year low of $9.87 and a one year high of $10.55.

Sanaby Health Acquisition Corp. I Company Profile (Get Rating)

Sanaby Health Acquisition Corp. I intends to acquire assets and businesses through a merger, capital stock exchange, stock purchase, reorganization, or similar business combination. It focuses on pursuing opportunities in healthcare business. The company was incorporated in 2021 and is based in Palo Alto, California.

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