Aura FAT Projects Acquisition Corp (NASDAQ:AFAR) Short Interest Down 69.0% in June

Aura FAT Projects Acquisition Corp (NASDAQ:AFAR) was the recipient of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 900 shares, a drop of 69.0% from the May 31st total of 2,900 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 3,300 shares, the days-to-cover ratio is presently 0.3 days.

Aura FAT Projects Acquisition Stock Performance

NASDAQ:AFAR opened at $11.30 on Friday. The company has a fifty day moving average of $11.28 and a 200-day moving average of $11.10. Aura FAT Projects Acquisition has a twelve month low of $10.55 and a twelve month high of $11.64.

Institutional Trading of Aura FAT Projects Acquisition

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wolverine Asset Management LLC lifted its holdings in shares of Aura FAT Projects Acquisition by 16.3% in the fourth quarter. Wolverine Asset Management LLC now owns 152,680 shares of the company’s stock worth $1,660,000 after buying an additional 21,385 shares in the last quarter. Mizuho Securities USA LLC raised its stake in Aura FAT Projects Acquisition by 3.3% in the fourth quarter. Mizuho Securities USA LLC now owns 201,700 shares of the company’s stock valued at $2,168,000 after purchasing an additional 6,478 shares in the last quarter. Quarry LP purchased a new stake in Aura FAT Projects Acquisition in the fourth quarter valued at approximately $1,359,000. K2 Principal Fund L.P. purchased a new position in shares of Aura FAT Projects Acquisition during the first quarter worth approximately $761,000. Finally, Berkley W R Corp grew its holdings in shares of Aura FAT Projects Acquisition by 35.3% in the first quarter. Berkley W R Corp now owns 194,167 shares of the company’s stock worth $2,163,000 after purchasing an additional 50,628 shares during the last quarter. Institutional investors own 53.28% of the company’s stock.

Aura FAT Projects Acquisition Company Profile

Aura FAT Projects Acquisition Corp does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring technology companies with Web 3.0, blockchain, cryptocurrency, digital ledger, e-gaming, and other new financial technology and services applications in Southeast Asia, Australia, and New Zealand.