AST SpaceMobile, Inc. (NASDAQ:ASTSW) Short Interest Update

AST SpaceMobile, Inc. (NASDAQ:ASTSW – Get Rating) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totalling 32,300 shares, a decrease of 9.3% from the April 15th total of 35,600 shares. Based on an average daily trading volume, of 25,800 shares, the days-to-cover ratio is presently 1.3 days.

AST SpaceMobile Stock Performance

Shares of ASTSW opened at $1.56 on Wednesday. The company has a fifty day moving average price of $1.70. AST SpaceMobile has a 52 week low of $1.23 and a 52 week high of $5.41.

Institutional Inflows and Outflows

An institutional investor recently raised its position in AST SpaceMobile stock. Skaana Management L.P. lifted its position in AST SpaceMobile, Inc. (NASDAQ:ASTSW – Get Rating) by 18.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,511,895 shares of the company’s stock after buying an additional 231,232 shares during the period. AST SpaceMobile comprises 0.8% of Skaana Management L.P.’s holdings, making the stock its 18th largest position. Skaana Management L.P.’s holdings in AST SpaceMobile were worth $2,495,000 at the end of the most recent quarter.