Data Knights Acquisition Corp. (NASDAQ:DKDCU) Short Interest Update

Data Knights Acquisition Corp. (NASDAQ:DKDCU) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totalling 2,800 shares, a decrease of 31.7% from the August 15th total of 4,100 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 11,300 shares, the days-to-cover ratio is currently 0.2 days.

DKDCU traded down $0.14 on Tuesday, hitting $10.47. 8,500 shares of the company’s stock were exchanged, compared to its average volume of 45,810. Data Knights Acquisition has a twelve month low of $9.59 and a twelve month high of $11.11. The company’s fifty day simple moving average is $10.48.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DKDCU. Panagora Asset Management Inc. bought a new position in Data Knights Acquisition in the 2nd quarter worth about $90,000. Glazer Capital LLC bought a new position in Data Knights Acquisition in the 2nd quarter worth about $181,000. Schonfeld Strategic Advisors LLC bought a new position in Data Knights Acquisition in the 2nd quarter worth about $517,000. Millennium Management LLC bought a new position in Data Knights Acquisition in the 2nd quarter worth about $624,000. Finally, Walleye Trading LLC bought a new position in Data Knights Acquisition in the 2nd quarter worth about $1,023,000.

Data Knights Acquisition Company Profile

Data Knights Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on a business focus on the data centers and internet technology sectors. The company was incorporated in 2021 and is based in Chessington, the United Kingdom.

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