Short Interest in Alpha Healthcare Acquisition Corp. III (NASDAQ:ALPA) Grows By 700.0%

Alpha Healthcare Acquisition Corp. III (NASDAQ:ALPAGet Rating) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 4,800 shares, an increase of 700.0% from the April 15th total of 600 shares. Based on an average trading volume of 5,300 shares, the short-interest ratio is presently 0.9 days. Approximately 0.0% of the shares of the company are sold short.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ALPA. Segantii Capital Management Ltd acquired a new position in Alpha Healthcare Acquisition Corp. III during the 3rd quarter worth approximately $968,000. Goldman Sachs Group Inc. acquired a new stake in Alpha Healthcare Acquisition Corp. III during the 3rd quarter valued at $123,000. Crestline Management LP acquired a new stake in Alpha Healthcare Acquisition Corp. III during the 3rd quarter valued at $726,000. Sculptor Capital LP acquired a new stake in Alpha Healthcare Acquisition Corp. III during the 3rd quarter valued at $7,122,000. Finally, Balyasny Asset Management LLC acquired a new stake in Alpha Healthcare Acquisition Corp. III during the 3rd quarter valued at $14,375,000. Institutional investors own 48.88% of the company’s stock.

NASDAQ ALPA traded up $0.01 on Wednesday, hitting $9.71. 268 shares of the company’s stock were exchanged, compared to its average volume of 8,312. The firm’s 50-day moving average price is $9.70 and its two-hundred day moving average price is $9.69. Alpha Healthcare Acquisition Corp. III has a fifty-two week low of $9.60 and a fifty-two week high of $10.08.

About Alpha Healthcare Acquisition Corp. III (Get Rating)

Alpha Healthcare Acquisition Corp. III focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.

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