KKR Acquisition Holdings I Corp. (NYSE:KAHC) Sees Significant Decrease in Short Interest

KKR Acquisition Holdings I Corp. (NYSE:KAHCGet Rating) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totalling 5,900 shares, a drop of 27.2% from the April 15th total of 8,100 shares. Based on an average daily volume of 214,300 shares, the short-interest ratio is presently 0.0 days.

Several institutional investors and hedge funds have recently made changes to their positions in KAHC. Toronto Dominion Bank boosted its holdings in shares of KKR Acquisition Holdings I by 14.8% during the 3rd quarter. Toronto Dominion Bank now owns 34,427 shares of the company’s stock worth $336,000 after buying an additional 4,427 shares during the period. Crestline Management LP acquired a new stake in KKR Acquisition Holdings I in the 3rd quarter worth about $100,000. Cohanzick Management LLC acquired a new stake in KKR Acquisition Holdings I in the 3rd quarter worth about $76,000. Macquarie Group Ltd. raised its position in shares of KKR Acquisition Holdings I by 25.0% in the 3rd quarter. Macquarie Group Ltd. now owns 4,875,000 shares of the company’s stock valued at $47,531,000 after buying an additional 975,000 shares in the last quarter. Finally, Hsbc Holdings PLC acquired a new position in shares of KKR Acquisition Holdings I in the 3rd quarter valued at approximately $4,880,000. 57.65% of the stock is owned by institutional investors.

KKR Acquisition Holdings I stock opened at $9.78 on Friday. KKR Acquisition Holdings I has a 1-year low of $9.65 and a 1-year high of $9.90. The company has a fifty day simple moving average of $9.79 and a 200 day simple moving average of $9.77.

KKR Acquisition Holdings I Company Profile (Get Rating)

KKR Acquisition Holdings I Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.

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