Lafayette Acquisition Corp. (NASDAQ:LAFAR) Short Interest Update

by · The Markets Daily

Lafayette Acquisition Corp. (NASDAQ:LAFAR – Get Free Report) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 2,532 shares, a growth of 63.0% from the June 30th total of 1,553 shares. Based on an average daily volume of 5,091 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On Lafayette Acquisition

A number of institutional investors have recently modified their holdings of the stock. Verition Fund Management LLC acquired a new position in shares of Lafayette Acquisition during the fourth quarter worth approximately $106,000. AQR Arbitrage LLC acquired a new position in Lafayette Acquisition during the 4th quarter worth $89,000. Polar Asset Management Partners Inc. bought a new position in Lafayette Acquisition in the 4th quarter valued at $68,000. Aristeia Capital L.L.C. bought a new position in Lafayette Acquisition in the 4th quarter valued at $54,000. Finally, Lineage Point Capital LP acquired a new stake in shares of Lafayette Acquisition in the 4th quarter valued at $42,000.

Lafayette Acquisition Stock Down 0.1%

Shares of Lafayette Acquisition stock traded down $0.00 during trading on Friday, reaching $0.09. The company’s stock had a trading volume of 6,880 shares, compared to its average volume of 17,811. The stock has a 50-day moving average of $0.11. Lafayette Acquisition has a one year low of $0.07 and a one year high of $0.30.

Lafayette Acquisition Company Profile

(Get Free Report)

We are a blank check company incorporated in the Cayman Islands on June 7, 2024, as an exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” with a business or entity, which we refer to throughout this prospectus as a “target business”. To date, our efforts have been limited to organizational activities and activities related to this offering.

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