Aura FAT Projects Acquisition Corp (NASDAQ:AFAR) Short Interest Down 62.5% in April

Aura FAT Projects Acquisition Corp (NASDAQ:AFAR) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 900 shares, a decrease of 62.5% from the March 31st total of 2,400 shares. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Aura FAT Projects Acquisition

Several institutional investors have recently bought and sold shares of AFAR. Meteora Capital LLC bought a new position in Aura FAT Projects Acquisition during the third quarter valued at $1,404,000. Quarry LP bought a new position in Aura FAT Projects Acquisition during the fourth quarter valued at $1,359,000. Wolverine Asset Management LLC lifted its position in Aura FAT Projects Acquisition by 16.3% during the fourth quarter. Wolverine Asset Management LLC now owns 152,680 shares of the company’s stock valued at $1,660,000 after purchasing an additional 21,385 shares during the last quarter. Finally, Mizuho Securities USA LLC lifted its position in Aura FAT Projects Acquisition by 3.3% during the fourth quarter. Mizuho Securities USA LLC now owns 201,700 shares of the company’s stock valued at $2,168,000 after purchasing an additional 6,478 shares during the last quarter. Institutional investors own 53.28% of the company’s stock.

Aura FAT Projects Acquisition Stock Performance

Shares of NASDAQ:AFAR remained flat at $11.23 during midday trading on Thursday. 6 shares of the company were exchanged, compared to its average volume of 2,388. The company’s 50 day moving average is $11.09 and its two-hundred day moving average is $10.94. Aura FAT Projects Acquisition has a 12-month low of $10.49 and a 12-month high of $11.64.

Aura FAT Projects Acquisition Company Profile

Aura FAT Projects Acquisition Corp does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring technology companies with Web 3.0, blockchain, cryptocurrency, digital ledger, e-gaming, and other new financial technology and services applications in Southeast Asia, Australia, and New Zealand.