Landcadia Holdings IV, Inc. (NASDAQ:LCAHW) Short Interest Down 66.7% in May

Landcadia Holdings IV, Inc. (NASDAQ:LCAHW – Get Rating) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 600 shares, a drop of 66.7% from the April 30th total of 1,800 shares. Based on an average trading volume of 18,000 shares, the short-interest ratio is currently 0.0 days.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Q Global Advisors LLC purchased a new position in shares of Landcadia Holdings IV in the 1st quarter valued at approximately $50,000. Aristeia Capital LLC grew its stake in shares of Landcadia Holdings IV by 1,949.1% in the 1st quarter. Aristeia Capital LLC now owns 232,577 shares of the company’s stock valued at $116,000 after purchasing an additional 221,227 shares during the last quarter. Finally, P Schoenfeld Asset Management LP purchased a new position in shares of Landcadia Holdings IV in the 1st quarter valued at approximately $64,000.

LCAHW traded down $0.03 during trading on Thursday, hitting $0.37. 50 shares of the stock were exchanged, compared to its average volume of 24,141. Landcadia Holdings IV has a 1-year low of $0.22 and a 1-year high of $1.58.

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