Short Interest in Altitude Acquisition Corp. (NASDAQ:ALTUW) Rises By 64.9%

Altitude Acquisition Corp. (NASDAQ:ALTUWGet Rating) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totalling 9,400 shares, a growth of 64.9% from the August 15th total of 5,700 shares. Based on an average daily trading volume, of 54,700 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On Altitude Acquisition

A hedge fund recently bought a new stake in Altitude Acquisition stock. Clear Street LLC purchased a new stake in Altitude Acquisition Corp. (NASDAQ:ALTUWGet Rating) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 252,821 shares of the company’s stock, valued at approximately $32,000.

Altitude Acquisition Stock Performance

Shares of NASDAQ:ALTUW opened at $0.08 on Thursday. The business’s 50-day simple moving average is $0.08. Altitude Acquisition has a one year low of $0.05 and a one year high of $0.91.

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