Target Global Acquisition I Corp. (NASDAQ:TGAAU) Short Interest Down 94.1% in April

Target Global Acquisition I Corp. (NASDAQ:TGAAUGet Rating) saw a large decrease in short interest in April. As of April 30th, there was short interest totalling 300 shares, a decrease of 94.1% from the April 15th total of 5,100 shares. Based on an average daily trading volume, of 14,900 shares, the days-to-cover ratio is presently 0.0 days.

Several institutional investors have recently added to or reduced their stakes in TGAAU. Segantii Capital Management Ltd bought a new position in shares of Target Global Acquisition I during the 4th quarter valued at $2,988,000. Dupont Capital Management Corp bought a new position in shares of Target Global Acquisition I during the 4th quarter valued at $2,988,000. Calamos Advisors LLC bought a new position in Target Global Acquisition I in the 4th quarter worth $9,960,000. Landscape Capital Management L.L.C. bought a new position in Target Global Acquisition I in the 4th quarter worth $256,000. Finally, Sage Mountain Advisors LLC bought a new position in Target Global Acquisition I in the 4th quarter worth $948,000.

Shares of Target Global Acquisition I stock traded up $0.07 during midday trading on Wednesday, reaching $10.01. 1,292 shares of the company’s stock traded hands, compared to its average volume of 32,087. The firm has a 50 day moving average of $9.98. Target Global Acquisition I has a 52 week low of $9.90 and a 52 week high of $10.10.

Target Global Acquisition I Company Profile (Get Rating)

Target Global Acquisition I Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on the consumer internet, mobility, and financial technology sectors. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.

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