CSLM Acquisition Corp. (NASDAQ:CSLM) Short Interest Update

CSLM Acquisition Corp. (NASDAQ:CSLM) was the target of a large decline in short interest in the month of October. As of October 31st, there was short interest totalling 200 shares, a decline of 50.0% from the October 15th total of 400 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is presently 0.1 days.

CSLM Acquisition Price Performance

NASDAQ:CSLM remained flat at $11.35 during midday trading on Thursday. The company had a trading volume of 1 shares, compared to its average volume of 1,767. CSLM Acquisition has a twelve month low of $10.79 and a twelve month high of $12.42. The firm has a fifty day moving average of $11.31 and a two-hundred day moving average of $11.26.

Institutional Trading of CSLM Acquisition

Several hedge funds have recently added to or reduced their stakes in CSLM. Berkley W R Corp raised its stake in CSLM Acquisition by 127.8% during the 1st quarter. Berkley W R Corp now owns 696,357 shares of the company’s stock valued at $7,688,000 after acquiring an additional 390,677 shares in the last quarter. Logan Stone Capital LLC bought a new stake in CSLM Acquisition during the 2nd quarter valued at $1,571,000. K2 Principal Fund L.P. bought a new stake in shares of CSLM Acquisition in the 2nd quarter worth $1,172,000. Mizuho Securities USA LLC raised its stake in shares of CSLM Acquisition by 11.4% in the 1st quarter. Mizuho Securities USA LLC now owns 355,494 shares of the company’s stock worth $3,893,000 after buying an additional 36,379 shares in the last quarter. Finally, Spartan Fund Management Inc. raised its stake in shares of CSLM Acquisition by 72.4% in the 2nd quarter. Spartan Fund Management Inc. now owns 20,253 shares of the company’s stock worth $228,000 after buying an additional 8,508 shares in the last quarter. Institutional investors own 46.80% of the company’s stock.

CSLM Acquisition Company Profile

CSLM Acquisition Corp. does not have significant operations. The company 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 companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.