Scion Tech Growth I (NASDAQ:SCOA) Short Interest Up 206.7% in May

Scion Tech Growth I (NASDAQ:SCOAGet Rating) was the recipient of a significant growth in short interest in May. As of May 15th, there was short interest totalling 13,800 shares, a growth of 206.7% from the April 30th total of 4,500 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 116,900 shares, the short-interest ratio is currently 0.1 days.

Large investors have recently added to or reduced their stakes in the stock. Spartan Fund Management Inc. bought a new stake in Scion Tech Growth I in the 1st quarter valued at $5,888,000. Sculptor Capital LP grew its holdings in shares of Scion Tech Growth I by 11.7% in the 1st quarter. Sculptor Capital LP now owns 1,986,698 shares of the company’s stock worth $19,510,000 after purchasing an additional 207,472 shares during the last quarter. Nomura Holdings Inc. bought a new stake in Scion Tech Growth I during the 1st quarter worth about $2,034,000. Glazer Capital LLC grew its holdings in Scion Tech Growth I by 1.9% during the 1st quarter. Glazer Capital LLC now owns 1,232,531 shares of the company’s stock worth $12,103,000 after acquiring an additional 23,129 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in Scion Tech Growth I by 6.8% during the 1st quarter. Royal Bank of Canada now owns 23,500 shares of the company’s stock valued at $231,000 after purchasing an additional 1,500 shares during the period.

SCOA stock opened at $9.85 on Thursday. Scion Tech Growth I has a 12 month low of $9.62 and a 12 month high of $9.89. The firm has a 50 day moving average of $9.84 and a two-hundred day moving average of $9.80.

About Scion Tech Growth I (Get Rating)

ScION Tech Growth I is a blank check company. The company was incorporated in 2020 and is based in London, United Kingdom.

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