LAMF Global Ventures Corp. I (NASDAQ:LGVCU) Short Interest Down 7.7% in August

LAMF Global Ventures Corp. I (NASDAQ:LGVCUGet Rating) was the recipient of a significant drop in short interest during the month of August. As of August 31st, there was short interest totalling 1,200 shares, a drop of 7.7% from the August 15th total of 1,300 shares. Based on an average daily trading volume, of 900 shares, the days-to-cover ratio is currently 1.3 days.

LAMF Global Ventures Corp. I Stock Performance

Shares of NASDAQ LGVCU opened at $10.05 on Tuesday. The company has a 50-day moving average price of $10.03 and a 200-day moving average price of $10.02. LAMF Global Ventures Corp. I has a 1 year low of $9.18 and a 1 year high of $10.20.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in LGVCU. Citigroup Inc. bought a new position in shares of LAMF Global Ventures Corp. I during the fourth quarter valued at about $2,009,000. Silver Rock Financial LP bought a new position in shares of LAMF Global Ventures Corp. I during the fourth quarter valued at about $3,699,000. Taconic Capital Advisors LP bought a new position in shares of LAMF Global Ventures Corp. I during the fourth quarter valued at about $3,807,000. Radcliffe Capital Management L.P. bought a new position in shares of LAMF Global Ventures Corp. I during the fourth quarter valued at about $5,020,000. Finally, LMR Partners LLP bought a new position in shares of LAMF Global Ventures Corp. I during the fourth quarter valued at about $5,020,000.

About LAMF Global Ventures Corp. I

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LAMF Global Ventures Corp. I does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company focuses to aqcuire opportunities in media, entertainment, and sports, as well as e-commerce and technology industries.

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