AIB Acquisition Co. (NASDAQ:AIB – Get Rating) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 3,500 shares, a decline of 7.9% from the January 31st total of 3,800 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 5,700 shares, the short-interest ratio is presently 0.6 days.
AIB Acquisition Stock Down 0.2 %
AIB opened at $10.47 on Monday. AIB Acquisition has a 12-month low of $9.85 and a 12-month high of $10.77. The firm’s fifty day moving average price is $10.35 and its 200 day moving average price is $10.19.
Hedge Funds Weigh In On AIB Acquisition
Several institutional investors have recently modified their holdings of AIB. Glazer Capital LLC lifted its holdings in AIB Acquisition by 16.0% in the 3rd quarter. Glazer Capital LLC now owns 808,633 shares of the company’s stock valued at $8,119,000 after acquiring an additional 111,628 shares during the last quarter. Weiss Asset Management LP grew its holdings in AIB Acquisition by 62.5% during the third quarter. Weiss Asset Management LP now owns 236,500 shares of the company’s stock valued at $2,374,000 after purchasing an additional 91,000 shares during the last quarter. Wolverine Asset Management LLC grew its holdings in AIB Acquisition by 4.9% during the third quarter. Wolverine Asset Management LLC now owns 152,389 shares of the company’s stock valued at $1,529,000 after purchasing an additional 7,066 shares during the last quarter. Radcliffe Capital Management L.P. acquired a new position in AIB Acquisition during the first quarter valued at approximately $1,729,000. Finally, Shaolin Capital Management LLC grew its holdings in AIB Acquisition by 28.5% during the fourth quarter. Shaolin Capital Management LLC now owns 500,000 shares of the company’s stock valued at $5,100,000 after purchasing an additional 110,830 shares during the last quarter. Institutional investors own 61.46% of the company’s stock.
About AIB Acquisition
AIB Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the fintech industries. The company was incorporated in 2021 and is based in New York, New York.
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