Vickers Vantage Corp. I (NASDAQ:VCKA) Sees Significant Growth in Short Interest

Vickers Vantage Corp. I (NASDAQ:VCKAGet Rating) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 380,200 shares, a growth of 66.4% from the April 30th total of 228,500 shares. Approximately 2.2% of the company’s shares are short sold. Based on an average daily trading volume, of 36,700 shares, the short-interest ratio is presently 10.4 days.

VCKA stock opened at $10.24 on Friday. Vickers Vantage Corp. I has a 12 month low of $9.90 and a 12 month high of $10.24. The firm’s 50-day moving average is $10.18 and its 200 day moving average is $10.12.

A number of hedge funds have recently bought and sold shares of the stock. Glazer Capital LLC increased its stake in Vickers Vantage Corp. I by 215.9% in the 1st quarter. Glazer Capital LLC now owns 547,138 shares of the company’s stock worth $5,570,000 after buying an additional 373,938 shares during the period. Yakira Capital Management Inc. increased its position in Vickers Vantage Corp. I by 982.9% during the 1st quarter. Yakira Capital Management Inc. now owns 440,697 shares of the company’s stock valued at $4,486,000 after purchasing an additional 400,000 shares during the period. Mint Tower Capital Management B.V. purchased a new position in Vickers Vantage Corp. I during the 1st quarter valued at about $300,000. Walleye Capital LLC purchased a new position in Vickers Vantage Corp. I during the 4th quarter valued at about $573,000. Finally, Walleye Trading LLC purchased a new position in Vickers Vantage Corp. I during the 4th quarter valued at about $409,000. 62.54% of the stock is currently owned by institutional investors.

Vickers Vantage Corp. I Company Profile (Get Rating)

Vickers Vantage Corp. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in Singapore.

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