Capitalworks Emerging Markets Acquisition Corp (NASDAQ:CMCA) Short Interest Up 52.6% in May

Capitalworks Emerging Markets Acquisition Corp (NASDAQ:CMCA) was the recipient of a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 2,900 shares, a growth of 52.6% from the May 15th total of 1,900 shares. Approximately 1.3% of the shares of the company are short sold. Based on an average daily volume of 4,400 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of CMCA. Kim LLC purchased a new stake in shares of Capitalworks Emerging Markets Acquisition in the fourth quarter valued at approximately $1,736,000. Glazer Capital LLC increased its position in shares of Capitalworks Emerging Markets Acquisition by 113.0% in the fourth quarter. Glazer Capital LLC now owns 481,113 shares of the company’s stock valued at $5,232,000 after buying an additional 255,288 shares in the last quarter. Cowen AND Company LLC increased its position in shares of Capitalworks Emerging Markets Acquisition by 14.2% in the fourth quarter. Cowen AND Company LLC now owns 271,370 shares of the company’s stock valued at $2,951,000 after buying an additional 33,716 shares in the last quarter. Sandia Investment Management LP increased its position in shares of Capitalworks Emerging Markets Acquisition by 82.7% in the first quarter. Sandia Investment Management LP now owns 125,000 shares of the company’s stock valued at $1,376,000 after buying an additional 56,600 shares in the last quarter. Finally, K2 Principal Fund L.P. purchased a new stake in shares of Capitalworks Emerging Markets Acquisition in the first quarter valued at approximately $2,139,000. 44.92% of the stock is owned by institutional investors and hedge funds.

Capitalworks Emerging Markets Acquisition Trading Up 0.3 %

Shares of Capitalworks Emerging Markets Acquisition stock traded up $0.03 on Friday, reaching $11.05. 5,991 shares of the stock were exchanged, compared to its average volume of 6,985. Capitalworks Emerging Markets Acquisition has a twelve month low of $10.49 and a twelve month high of $11.77. The business has a 50 day moving average price of $11.02 and a two-hundred day moving average price of $10.98.

About Capitalworks Emerging Markets Acquisition

Capitalworks Emerging Markets Acquisition Corp does not have significant operations. The company 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 search on companies operating in consumer and consumer technology; financial and business services; healthcare and technology; and media and telecom sectors.