Aurora Technology Acquisition Corp. (NASDAQ:ATAK) Sees Large Increase in Short Interest

Aurora Technology Acquisition Corp. (NASDAQ:ATAK - Get Free Report) was the target of a significant increase in short interest in the month of November. As of November 30th, there was short interest totalling 7,000 shares, an increase of 34.6% from the November 15th total of 5,200 shares. Based on an average daily trading volume, of 15,400 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company's stock are sold short.

Institutional Trading of Aurora Technology Acquisition

A number of institutional investors have recently bought and sold shares of the company. Millennium Management LLC boosted its position in Aurora Technology Acquisition by 7.0% during the second quarter. Millennium Management LLC now owns 921,126 shares of the company's stock valued at $9,128,000 after purchasing an additional 60,000 shares during the last quarter. Polar Asset Management Partners Inc. acquired a new stake in Aurora Technology Acquisition during the first quarter valued at $5,916,000. Berkley W R Corp boosted its position in Aurora Technology Acquisition by 49.7% during the second quarter. Berkley W R Corp now owns 407,838 shares of the company's stock valued at $4,323,000 after purchasing an additional 135,442 shares during the last quarter. Radcliffe Capital Management L.P. acquired a new stake in Aurora Technology Acquisition during the first quarter valued at $3,964,000. Finally, Mizuho Securities USA LLC boosted its position in Aurora Technology Acquisition by 41.0% during the second quarter. Mizuho Securities USA LLC now owns 352,478 shares of the company's stock valued at $3,701,000 after purchasing an additional 102,478 shares during the last quarter. Institutional investors and hedge funds own 54.10% of the company's stock.

Aurora Technology Acquisition Stock Down 3.7 %

Shares of Aurora Technology Acquisition stock opened at $10.60 on Thursday. The business has a fifty day simple moving average of $10.93 and a 200-day simple moving average of $10.80. Aurora Technology Acquisition has a 12 month low of $10.16 and a 12 month high of $12.00.

About Aurora Technology Acquisition

Aurora Technology Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to focus on businesses in the technology companies, including artificial intelligence, blockchain, quantum computing, and electric vehicles in Asia and North America.

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