Short Interest in CSLM Acquisition Corp. (NASDAQ:CSLM) Decreases By 80.6%

CSLM Acquisition Corp. (NASDAQ:CSLM - Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 600 shares, a decrease of 80.6% from the March 15th total of 3,100 shares. Based on an average daily volume of 24,400 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company's stock are sold short.

CSLM Acquisition Stock Performance

CSLM stock traded up $0.02 during trading on Wednesday, reaching $11.08. The stock had a trading volume of 123,870 shares, compared to its average volume of 43,774. The firm has a fifty day moving average price of $10.99 and a 200 day moving average price of $10.88. CSLM Acquisition has a 1-year low of $10.34 and a 1-year high of $11.76.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. State Street Corp increased its position in shares of CSLM Acquisition by 13.3% in the 2nd quarter. State Street Corp now owns 22,100 shares of the company's stock worth $232,000 after purchasing an additional 2,600 shares during the last quarter. Citadel Advisors LLC increased its holdings in CSLM Acquisition by 0.4% in the second quarter. Citadel Advisors LLC now owns 878,649 shares of the company's stock valued at $8,602,000 after buying an additional 3,649 shares during the last quarter. Glazer Capital LLC raised its stake in CSLM Acquisition by 2.6% during the first quarter. Glazer Capital LLC now owns 279,524 shares of the company's stock valued at $2,894,000 after buying an additional 7,031 shares in the last quarter. Mizuho Securities USA LLC lifted its holdings in CSLM Acquisition by 2.5% during the 4th quarter. Mizuho Securities USA LLC now owns 319,115 shares of the company's stock worth $3,472,000 after buying an additional 7,657 shares during the last quarter. Finally, Spartan Fund Management Inc. acquired a new position in CSLM Acquisition in the third quarter worth $122,000. Institutional investors and hedge funds own 46.80% of the company's stock.

About CSLM Acquisition

CSLM Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.