Target Global Acquisition I Corp. (NASDAQ:TGAA) Short Interest Update

Target Global Acquisition I Corp. (NASDAQ:TGAA - Get Free Report) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totalling 600 shares, a decline of 76.9% from the April 15th total of 2,600 shares. Based on an average daily trading volume, of 9,900 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company's shares are sold short.

Institutional Trading of Target Global Acquisition I

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Radcliffe Capital Management L.P. grew its stake in shares of Target Global Acquisition I by 13.6% in the third quarter. Radcliffe Capital Management L.P. now owns 32,398 shares of the company's stock valued at $352,000 after buying an additional 3,868 shares in the last quarter. BCK Capital Management LP purchased a new stake in Target Global Acquisition I during the fourth quarter worth about $615,000. Periscope Capital Inc. lifted its position in shares of Target Global Acquisition I by 1.3% during the third quarter. Periscope Capital Inc. now owns 151,911 shares of the company's stock worth $1,648,000 after purchasing an additional 1,911 shares in the last quarter. Mizuho Securities USA LLC boosted its stake in shares of Target Global Acquisition I by 12.4% in the third quarter. Mizuho Securities USA LLC now owns 288,271 shares of the company's stock valued at $3,099,000 after purchasing an additional 31,728 shares during the period. Finally, Shaolin Capital Management LLC grew its holdings in shares of Target Global Acquisition I by 200.0% in the third quarter. Shaolin Capital Management LLC now owns 299,885 shares of the company's stock valued at $3,254,000 after purchasing an additional 599,885 shares in the last quarter. Hedge funds and other institutional investors own 92.13% of the company's stock.

Target Global Acquisition I Price Performance

Shares of TGAA remained flat at $11.29 during trading on Friday. 77,252 shares of the company's stock were exchanged, compared to its average volume of 22,213. The business's fifty day moving average is $11.18 and its 200-day moving average is $11.09. Target Global Acquisition I has a 1-year low of $10.49 and a 1-year high of $12.19.

Target Global Acquisition I Company Profile

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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