Cetus Capital Acquisition Corp. (NASDAQ:CETU) Short Interest Update

Cetus Capital Acquisition Corp. (NASDAQ:CETU) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 200 shares, a decline of 50.0% from the February 29th total of 400 shares. Based on an average daily trading volume, of 40,700 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Cetus Capital Acquisition

Several large investors have recently modified their holdings of CETU. ADAR1 Capital Management LLC acquired a new position in Cetus Capital Acquisition during the 4th quarter worth about $52,000. Virtu Financial LLC acquired a new stake in Cetus Capital Acquisition in the 4th quarter valued at about $275,000. Warberg Asset Management LLC acquired a new stake in Cetus Capital Acquisition in the 3rd quarter valued at about $284,000. Clear Street LLC raised its position in Cetus Capital Acquisition by 36,412.1% in the 4th quarter. Clear Street LLC now owns 51,117 shares of the company’s stock valued at $537,000 after purchasing an additional 50,977 shares in the last quarter. Finally, Bulldog Investors LLP acquired a new stake in Cetus Capital Acquisition in the 4th quarter valued at about $1,318,000. Institutional investors and hedge funds own 70.04% of the company’s stock.

Cetus Capital Acquisition Stock Up 0.1 %

Shares of Cetus Capital Acquisition stock traded up $0.01 on Thursday, reaching $10.60. The company’s stock had a trading volume of 4,517 shares, compared to its average volume of 79,116. Cetus Capital Acquisition has a 52-week low of $10.09 and a 52-week high of $11.53. The stock has a 50-day moving average price of $10.55 and a 200-day moving average price of $10.51.

Cetus Capital Acquisition Company Profile

Cetus Capital Acquisition Corp. is a blank check company. The company focuses on merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. Cetus Capital Acquisition Corp. was incorporated in 2022 and is based in Taipei, Taiwan.