TZP Strategies Acquisition Corp. (NASDAQ:TZPSW) Short Interest Up 50.7% in May

TZP Strategies Acquisition Corp. (NASDAQ:TZPSWGet Rating) was the target of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 10,700 shares, an increase of 50.7% from the May 15th total of 7,100 shares. Based on an average trading volume of 12,700 shares, the short-interest ratio is currently 0.8 days.

TZPSW opened at $0.12 on Tuesday. TZP Strategies Acquisition has a fifty-two week low of $0.07 and a fifty-two week high of $0.99.

An institutional investor recently bought a new position in TZP Strategies Acquisition stock. Saba Capital Management L.P. acquired a new stake in shares of TZP Strategies Acquisition Corp. (NASDAQ:TZPSWGet Rating) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 337,665 shares of the company’s stock, valued at approximately $91,000.

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