Scion Tech Growth I (NASDAQ:SCOA) Short Interest Down 67.9% in April

Scion Tech Growth I (NASDAQ:SCOA – Get Rating) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totalling 4,500 shares, a drop of 67.9% from the April 15th total of 14,000 shares. Based on an average daily volume of 113,700 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

A number of institutional investors and hedge funds have recently bought and sold shares of SCOA. Integrity Capital Management HK Ltd purchased a new position in Scion Tech Growth I during the first quarter worth about $45,000. Cohanzick Management LLC purchased a new stake in shares of Scion Tech Growth I in the 3rd quarter valued at approximately $54,000. PenderFund Capital Management Ltd. raised its stake in shares of Scion Tech Growth I by 966.7% in the 4th quarter. PenderFund Capital Management Ltd. now owns 6,400 shares of the company’s stock valued at $79,000 after acquiring an additional 5,800 shares during the period. Dark Forest Capital Management LP purchased a new stake in shares of Scion Tech Growth I in the 3rd quarter valued at approximately $129,000. Finally, Penserra Capital Management LLC raised its stake in shares of Scion Tech Growth I by 16.4% in the 3rd quarter. Penserra Capital Management LLC now owns 15,962 shares of the company’s stock valued at $155,000 after acquiring an additional 2,254 shares during the period.

Shares of NASDAQ SCOA remained flat at $$9.83 during trading on Thursday. 200 shares of the stock traded hands, compared to its average volume of 105,926. The firm’s fifty day simple moving average is $9.83 and its two-hundred day simple moving average is $9.80. Scion Tech Growth I has a 1-year low of $9.62 and a 1-year high of $9.89.

About Scion Tech Growth I (Get Rating)

ScION Tech Growth I is a blank check company. The company was incorporated in 2020 and is based in London, United Kingdom.

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