Aura FAT Projects Acquisition Corp (NASDAQ:AFAR) Sees Significant Decline in Short Interest

Aura FAT Projects Acquisition Corp (NASDAQ:AFARGet Rating) saw a significant decrease in short interest during the month of December. As of December 30th, there was short interest totalling 8,700 shares, a decrease of 47.0% from the December 15th total of 16,400 shares. Based on an average daily volume of 36,200 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Aura FAT Projects Acquisition

Several hedge funds have recently added to or reduced their stakes in the stock. Dakota Wealth Management acquired a new stake in shares of Aura FAT Projects Acquisition in the third quarter valued at approximately $158,000. CVI Holdings LLC acquired a new stake in shares of Aura FAT Projects Acquisition in the second quarter valued at approximately $247,000. Warberg Asset Management LLC acquired a new stake in shares of Aura FAT Projects Acquisition in the second quarter valued at approximately $248,000. Ergoteles LLC acquired a new stake in shares of Aura FAT Projects Acquisition in the third quarter valued at approximately $302,000. Finally, Tuttle Capital Management LLC acquired a new stake in shares of Aura FAT Projects Acquisition in the third quarter valued at approximately $484,000. 71.67% of the stock is currently owned by hedge funds and other institutional investors.

Aura FAT Projects Acquisition Stock Performance

Shares of Aura FAT Projects Acquisition stock opened at $10.27 on Wednesday. Aura FAT Projects Acquisition has a 52 week low of $9.83 and a 52 week high of $10.28. The firm’s 50 day moving average is $10.20 and its two-hundred day moving average is $10.07.

Aura FAT Projects Acquisition Company Profile

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Aura FAT Projects Acquisition Corp 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 in technology companies in Southeast Asia, Australia, and New Zealand.

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