FTAC Zeus Acquisition Corp. (NASDAQ:ZING) Short Interest Down 36.7% in April

FTAC Zeus Acquisition Corp. (NASDAQ:ZING – Get Rating) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totalling 9,300 shares, a decline of 36.7% from the April 15th total of 14,700 shares. Based on an average trading volume of 121,100 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

FTAC Zeus Acquisition Price Performance

Shares of NASDAQ ZING opened at $10.32 on Thursday. FTAC Zeus Acquisition has a one year low of $9.79 and a one year high of $10.94. The stock’s fifty day moving average price is $10.28 and its two-hundred day moving average price is $10.16.

Institutional Trading of FTAC Zeus Acquisition

A number of hedge funds have recently bought and sold shares of the business. Toronto Dominion Bank raised its stake in shares of FTAC Zeus Acquisition by 8.2% in the third quarter. Toronto Dominion Bank now owns 330,000 shares of the company’s stock worth $3,315,000 after purchasing an additional 25,000 shares during the last quarter. Spartan Fund Management Inc. acquired a new stake in FTAC Zeus Acquisition during the 4th quarter worth about $2,264,000. Marshall Wace LLP lifted its position in FTAC Zeus Acquisition by 20.8% during the 3rd quarter. Marshall Wace LLP now owns 1,915,445 shares of the company’s stock worth $19,250,000 after acquiring an additional 329,658 shares during the period. Calamos Advisors LLC purchased a new position in shares of FTAC Zeus Acquisition during the 4th quarter valued at about $1,010,000. Finally, Mangrove Partners increased its stake in shares of FTAC Zeus Acquisition by 32.9% in the 3rd quarter. Mangrove Partners now owns 260,237 shares of the company’s stock valued at $2,615,000 after purchasing an additional 64,396 shares in the last quarter. 66.94% of the stock is currently owned by institutional investors.

FTAC Zeus Acquisition Company Profile

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FTAC Zeus Acquisition Corp. 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. The company was formerly known as FTAC Hera Acquisition Corp. and changed its name to FTAC Zeus Acquisition Corp.