Alpha Star Acquisition Co. (NASDAQ:ALSA - Get Free Report) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totalling 400 shares, a drop of 20.0% from the April 15th total of 500 shares. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is presently 0.0 days.
Institutional Trading of Alpha Star Acquisition
Institutional investors and hedge funds have recently made changes to their positions in the company. Westchester Capital Management LLC grew its stake in shares of Alpha Star Acquisition by 102.7% in the 3rd quarter. Westchester Capital Management LLC now owns 884,963 shares of the company's stock valued at $9,637,000 after buying an additional 448,433 shares during the period. Walleye Capital LLC purchased a new position in Alpha Star Acquisition during the 3rd quarter valued at about $2,542,000. Walleye Trading LLC purchased a new stake in shares of Alpha Star Acquisition during the third quarter valued at approximately $1,430,000. Kim LLC lifted its holdings in shares of Alpha Star Acquisition by 28.0% during the 4th quarter. Kim LLC now owns 391,878 shares of the company's stock valued at $4,393,000 after buying an additional 85,673 shares during the period. Finally, Berkley W R Corp grew its position in shares of Alpha Star Acquisition by 21.5% during the 4th quarter. Berkley W R Corp now owns 452,889 shares of the company's stock valued at $5,063,000 after acquiring an additional 80,201 shares during the period. Institutional investors own 65.12% of the company's stock.
Alpha Star Acquisition Stock Performance
ALSA remained flat at $11.40 during trading on Monday. 67 shares of the company were exchanged, compared to its average volume of 71,067. The business's fifty day moving average price is $11.33 and its 200 day moving average price is $11.24. Alpha Star Acquisition has a fifty-two week low of $10.57 and a fifty-two week high of $12.00.
Alpha Star Acquisition Company Profile
(
Get Free Report)
Alpha Star Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in clean energy, internet and high technology, financial technology, health care, consumer and retail, energy and resources, manufacturing, and education sectors in Asia.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Alpha Star Acquisition, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alpha Star Acquisition wasn't on the list.
While Alpha Star Acquisition currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
