CSLM Acquisition Corp. (NASDAQ:CSLM) Short Interest Update

by · The Cerbat Gem

CSLM Acquisition Corp. (NASDAQ:CSLM – Get Free Report) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 200 shares, a drop of 50.0% from the October 15th total of 400 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is presently 0.1 days.

CSLM Acquisition Price Performance

Shares of CSLM Acquisition stock remained flat at $11.35 during trading hours on Thursday. The stock had a trading volume of 1 shares, compared to its average volume of 1,767. The business’s 50-day simple moving average is $11.31 and its 200 day simple moving average is $11.26. CSLM Acquisition has a 52 week low of $10.79 and a 52 week high of $12.42.

Hedge Funds Weigh In On CSLM Acquisition

A number of large investors have recently modified their holdings of CSLM. Mizuho Securities USA LLC raised its holdings in shares of CSLM Acquisition by 11.4% during the 1st quarter. Mizuho Securities USA LLC now owns 355,494 shares of the company’s stock valued at $3,893,000 after buying an additional 36,379 shares during the period. Periscope Capital Inc. grew its stake in CSLM Acquisition by 0.6% during the 1st quarter. Periscope Capital Inc. now owns 352,132 shares of the company’s stock valued at $3,888,000 after purchasing an additional 2,236 shares in the last quarter. Berkley W R Corp grew its stake in CSLM Acquisition by 127.8% during the 1st quarter. Berkley W R Corp now owns 696,357 shares of the company’s stock valued at $7,688,000 after purchasing an additional 390,677 shares in the last quarter. Spartan Fund Management Inc. grew its stake in CSLM Acquisition by 72.4% during the 2nd quarter. Spartan Fund Management Inc. now owns 20,253 shares of the company’s stock valued at $228,000 after purchasing an additional 8,508 shares in the last quarter. Finally, K2 Principal Fund L.P. acquired a new stake in CSLM Acquisition during the 2nd quarter valued at approximately $1,172,000. 46.80% of the stock is currently owned by hedge funds and other institutional investors.

About CSLM Acquisition

(Get Free Report)

CSLM Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.

Further Reading