Northern Star Investment Corp. III (NYSE:NSTC) Short Interest Update

Northern Star Investment Corp. III (NYSE:NSTCGet Rating) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totalling 1,800 shares, a decrease of 75.7% from the April 15th total of 7,400 shares. Based on an average daily trading volume, of 53,600 shares, the short-interest ratio is currently 0.0 days.

Shares of NSTC stock opened at $9.77 on Friday. The firm has a 50-day moving average of $9.78 and a 200-day moving average of $9.75. Northern Star Investment Corp. III has a one year low of $9.65 and a one year high of $9.91.

Hedge funds have recently made changes to their positions in the company. Omni Partners US LLC grew its position in Northern Star Investment Corp. III by 0.7% during the third quarter. Omni Partners US LLC now owns 172,836 shares of the technology company’s stock valued at $1,683,000 after buying an additional 1,154 shares during the period. Athanor Capital LP grew its position in Northern Star Investment Corp. III by 20.7% during the third quarter. Athanor Capital LP now owns 13,152 shares of the technology company’s stock valued at $128,000 after buying an additional 2,252 shares during the period. Cohanzick Management LLC grew its position in Northern Star Investment Corp. III by 421.9% during the first quarter. Cohanzick Management LLC now owns 11,220 shares of the technology company’s stock valued at $110,000 after buying an additional 9,070 shares during the period. Qube Research & Technologies Ltd grew its position in Northern Star Investment Corp. III by 72.7% during the fourth quarter. Qube Research & Technologies Ltd now owns 26,016 shares of the technology company’s stock valued at $254,000 after buying an additional 10,950 shares during the period. Finally, Saba Capital Management L.P. grew its position in Northern Star Investment Corp. III by 6.5% during the fourth quarter. Saba Capital Management L.P. now owns 814,966 shares of the technology company’s stock valued at $7,946,000 after buying an additional 50,000 shares during the period. Institutional investors own 63.28% of the company’s stock.

About Northern Star Investment Corp. III (Get Rating)

Northern Star Investment Corp. III does not have significant operations. It focuses on effect a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company intends to identify business opportunities in the field of direct-to-consumer and digitally-disruptive e-commerce spaces.

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