Voyager Acquisition Corp Unit (NASDAQ:VACHU) Short Interest Up 2,673.1% in May

Voyager Acquisition Corp Unit (NASDAQ:VACHU) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 721 shares, an increase of 2,673.1% from the May 14th total of 26 shares. Based on an average daily trading volume, of 1,917 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Voyager Acquisition Corp Unit stock. Clear Street Group Inc. purchased a new position in shares of Voyager Acquisition Corp Unit (NASDAQ:VACHU) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 10,918 shares of the company’s stock, valued at approximately $115,000.

Voyager Acquisition Corp Unit Stock Up 12.6%

Voyager Acquisition Corp Unit stock traded up $1.70 during trading hours on Tuesday, hitting $15.20. The company had a trading volume of 8,709 shares, compared to its average volume of 2,604. The firm’s fifty day moving average is $12.69 and its 200-day moving average is $11.45. Voyager Acquisition Corp Unit has a fifty-two week low of $10.08 and a fifty-two week high of $20.10.

Voyager Acquisition Corp Unit Company Profile

Voyager Acquisition Corp Unit (NASDAQ: VACHU) is a special purpose acquisition company, or SPAC, organized as a Delaware corporation. The company’s primary objective is to raise capital through an initial public offering and to use those proceeds to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses. As a blank-check company, Voyager Acquisition Corp does not conduct any operations until it identifies and completes its initial business combination.

Each unit of Voyager Acquisition Corp consists of one share of common stock and one-third of a warrant, with each whole warrant entitling the holder to purchase one share of common stock at a specified exercise price.