Berto Acquisition Corp. (NASDAQ:TACOU) Short Interest Down 54.6% in May

Posted by James Quigley on Jun 14th, 2026

Berto Acquisition Corp. (NASDAQ:TACOU – Get Free Report) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 1,562 shares, a decline of 54.6% from the May 14th total of 3,441 shares. Based on an average daily trading volume, of 5,438 shares, the days-to-cover ratio is currently 0.3 days.

Berto Acquisition Stock Performance

Shares of Berto Acquisition stock traded down $0.25 on Friday, reaching $10.75. 400 shares of the company were exchanged, compared to its average volume of 5,230. Berto Acquisition has a 1-year low of $10.21 and a 1-year high of $12.50. The stock’s 50 day moving average price is $10.66 and its 200-day moving average price is $10.45.

Hedge Funds Weigh In On Berto Acquisition

Institutional investors and hedge funds have recently made changes to their positions in the stock. Clear Street Group Inc. acquired a new position in shares of Berto Acquisition during the third quarter worth about $336,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Berto Acquisition during the first quarter worth about $597,000. Finally, JPMorgan Chase & Co. acquired a new position in shares of Berto Acquisition during the second quarter worth about $1,077,000.

About Berto Acquisition

(Get Free Report)

Berto Acquisition Corp. is a special purpose acquisition company (SPAC) incorporated in Delaware in 2021. The company has no commercial operations to date and was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

The company completed its initial public offering in early 2022, raising gross proceeds through the sale of units each consisting of one share of common stock and a fraction of a warrant.