Short Interest in WEN Acquisition Corp (NASDAQ:WENNU) Decreases By 72.0%

WEN Acquisition Corp (NASDAQ:WENNU) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 7 shares, a decrease of 72.0% from the May 31st total of 25 shares. Based on an average daily trading volume, of 3,674 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Glazer Capital LLC bought a new position in shares of WEN Acquisition in the fourth quarter worth $84,000. Lineage Point Capital LP bought a new stake in WEN Acquisition during the fourth quarter valued at $102,000. Walleye Capital LLC purchased a new position in WEN Acquisition during the second quarter worth about $330,000. Clear Street Group Inc. grew its position in WEN Acquisition by 35.8% during the fourth quarter. Clear Street Group Inc. now owns 192,660 shares of the company’s stock worth $1,971,000 after buying an additional 50,837 shares in the last quarter. Finally, Hudson Bay Capital Management LP bought a new position in WEN Acquisition in the 2nd quarter worth about $985,000.

WEN Acquisition Stock Performance

WENNU stock opened at $10.41 on Friday. The firm has a 50 day moving average of $10.40 and a 200-day moving average of $10.34. WEN Acquisition has a 12 month low of $10.23 and a 12 month high of $11.91.

WEN Acquisition Company Profile

We are a blank check company incorporated on January 13, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.