Target Global Acquisition I Corp. (NASDAQ:TGAA - Get Free Report) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,600 shares, a growth of 420.0% from the March 31st total of 500 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 12,600 shares, the short-interest ratio is currently 0.2 days.
Target Global Acquisition I Stock Up 0.2 %
Shares of TGAA stock traded up $0.02 on Thursday, hitting $11.22. 102 shares of the stock traded hands, compared to its average volume of 7,228. Target Global Acquisition I has a 52 week low of $10.45 and a 52 week high of $12.19. The firm has a 50 day simple moving average of $11.15 and a two-hundred day simple moving average of $11.07.
Institutional Trading of Target Global Acquisition I
Several institutional investors and hedge funds have recently modified their holdings of the company. Mizuho Securities USA LLC raised its position in shares of Target Global Acquisition I by 155.7% during the 4th quarter. Mizuho Securities USA LLC now owns 737,064 shares of the company's stock valued at $8,108,000 after purchasing an additional 448,793 shares during the period. Berkley W R Corp increased its holdings in Target Global Acquisition I by 123.1% in the 4th quarter. Berkley W R Corp now owns 456,210 shares of the company's stock valued at $5,032,000 after acquiring an additional 251,733 shares during the last quarter. Shaolin Capital Management LLC increased its holdings in Target Global Acquisition I by 200.0% in the 3rd quarter. Shaolin Capital Management LLC now owns 299,885 shares of the company's stock valued at $3,254,000 after acquiring an additional 599,885 shares during the last quarter. Periscope Capital Inc. increased its holdings in Target Global Acquisition I by 1.3% in the 3rd quarter. Periscope Capital Inc. now owns 151,911 shares of the company's stock valued at $1,648,000 after acquiring an additional 1,911 shares during the last quarter. Finally, BCK Capital Management LP bought a new stake in Target Global Acquisition I in the 4th quarter valued at $615,000. 92.13% of the stock is currently owned by institutional investors.
About Target Global Acquisition I
(
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Target Global Acquisition I Corp. does not have significant operations. It 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 the consumer internet, mobility, and financial technology sectors.
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