StoneBridge Acquisition Corp (NASDAQ:APACU) Short Interest Update

StoneBridge Acquisition Corp (NASDAQ:APACU) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 66 shares, a drop of 51.1% from the April 30th total of 135 shares. Based on an average trading volume of 33 shares, the days-to-cover ratio is currently 2.0 days.

StoneBridge Acquisition Stock Performance

Shares of APACU stock remained flat at $10.35 during mid-day trading on Wednesday. The company’s stock had a trading volume of 304 shares, compared to its average volume of 1,714. The company has a 50 day moving average of $10.25 and a 200 day moving average of $10.20. StoneBridge Acquisition has a 52 week low of $9.95 and a 52 week high of $10.56.

Institutional Trading of StoneBridge Acquisition

Hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. bought a new stake in shares of StoneBridge Acquisition in the 3rd quarter worth approximately $120,000. Susquehanna International Group LLP bought a new stake in shares of StoneBridge Acquisition in the 3rd quarter worth approximately $167,000. Virtu Financial LLC bought a new stake in shares of StoneBridge Acquisition in the 3rd quarter worth approximately $219,000. Warberg Asset Management LLC bought a new stake in shares of StoneBridge Acquisition in the 3rd quarter worth approximately $274,000. Finally, Lineage Point Capital LP bought a new stake in shares of StoneBridge Acquisition in the 4th quarter worth approximately $400,000.