M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) Short Interest Update

M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) saw a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 16,700 shares, a decline of 68.2% from the September 15th total of 52,500 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 223,800 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 223,800 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of M3-Brigade Acquisition V in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock currently has a consensus rating of “Sell”.

M3-Brigade Acquisition V Trading Up 0.1%

NASDAQ MBAV opened at $10.62 on Monday. The stock has a 50-day simple moving average of $10.55 and a 200 day simple moving average of $10.81. M3-Brigade Acquisition V has a 12 month low of $10.01 and a 12 month high of $13.73.

Institutional Investors Weigh In On M3-Brigade Acquisition V

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wolverine Asset Management LLC grew its stake in M3-Brigade Acquisition V by 16.8% in the first quarter. Wolverine Asset Management LLC now owns 510,524 shares of the company’s stock valued at $5,243,000 after acquiring an additional 73,266 shares during the period. Tuttle Capital Management LLC acquired a new position in M3-Brigade Acquisition V in the second quarter valued at about $437,000. JPMorgan Chase & Co. acquired a new position in M3-Brigade Acquisition V in the second quarter valued at about $900,000. Sandia Investment Management LP acquired a new position in M3-Brigade Acquisition V in the second quarter valued at about $334,000. Finally, Bluefin Capital Management LLC acquired a new position in M3-Brigade Acquisition V in the second quarter valued at about $690,000.

M3-Brigade Acquisition V Company Profile

M3-Brigade Acquisition V Corp. is a blank check company. It formed for the purpose of effecting a merger, consolidation, capital stock exchange, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses. M3-Brigade Acquisition V Corp.