Trepont Acquisition Corp I (NYSE:TACA – Get Rating) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totalling 7,300 shares, a decrease of 36.0% from the April 15th total of 11,400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 83,000 shares, the short-interest ratio is currently 0.1 days.
Hedge funds and other institutional investors have recently modified their holdings of the stock. Hunting Hill Global Capital LLC acquired a new stake in Trepont Acquisition Corp I in the 3rd quarter valued at about $152,000. Logan Stone Capital LLC purchased a new position in Trepont Acquisition Corp I in the 4th quarter valued at about $206,000. Parallax Volatility Advisers L.P. purchased a new position in Trepont Acquisition Corp I in the 4th quarter valued at about $684,000. Goldman Sachs Group Inc. lifted its holdings in Trepont Acquisition Corp I by 70.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 94,345 shares of the company’s stock valued at $942,000 after purchasing an additional 39,055 shares in the last quarter. Finally, Whitebox Advisors LLC lifted its holdings in Trepont Acquisition Corp I by 2.2% in the 3rd quarter. Whitebox Advisors LLC now owns 150,000 shares of the company’s stock valued at $1,496,000 after purchasing an additional 3,289 shares in the last quarter. 90.40% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NYSE TACA opened at $10.08 on Friday. Trepont Acquisition Corp I has a 52 week low of $9.68 and a 52 week high of $10.10. The company’s 50-day moving average price is $10.06 and its 200 day moving average price is $10.02.
Trepont Acquisition Corp I is a blank check company. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in San Francisco, California.
- Get a free copy of the StockNews.com research report on Trepont Acquisition Corp I (TACA)
- The Three Most Upgraded Stocks You Can Buy Now
- MarketBeat: Week in Review 5/9 – 5/13
- Is Electronic Arts (NASDAQ: EA) Suddenly A Safe Haven?
- Beyond Meat Stock Value is Improving
- The Travel Sector Is Getting Upgraded
Receive News & Ratings for Trepont Acquisition Corp I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trepont Acquisition Corp I and related companies with MarketBeat.com's FREE daily email newsletter.