Deep Lake Capital Acquisition Corp. (NASDAQ:DLCAW) Short Interest Update

Deep Lake Capital Acquisition Corp. (NASDAQ:DLCAWGet Rating) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totalling 2,000 shares, a decline of 23.1% from the April 15th total of 2,600 shares. Based on an average daily volume of 14,700 shares, the short-interest ratio is currently 0.1 days.

Deep Lake Capital Acquisition stock traded down $0.03 during trading hours on Monday, hitting $0.16. The company had a trading volume of 4,500 shares, compared to its average volume of 29,197. Deep Lake Capital Acquisition has a one year low of $0.15 and a one year high of $1.06.

An institutional investor recently raised its position in Deep Lake Capital Acquisition stock. Whitefort Capital Management LP increased its position in shares of Deep Lake Capital Acquisition Corp. (NASDAQ:DLCAWGet Rating) by 261.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 921,320 shares of the company’s stock after purchasing an additional 666,198 shares during the period. Deep Lake Capital Acquisition makes up about 0.2% of Whitefort Capital Management LP’s portfolio, making the stock its 25th biggest holding. Whitefort Capital Management LP’s holdings in Deep Lake Capital Acquisition were worth $184,000 at the end of the most recent reporting period.

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