StoneBridge Acquisition Corp (NASDAQ:APACU) Short Interest Down 34.8% in April

StoneBridge Acquisition Corp (NASDAQ:APACU) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 135 shares, a decline of 34.8% from the April 15th total of 207 shares. Based on an average daily trading volume, of 319 shares, the days-to-cover ratio is presently 0.4 days.

StoneBridge Acquisition Price Performance

Shares of NASDAQ:APACU opened at $10.40 on Tuesday. StoneBridge Acquisition has a 1-year low of $9.95 and a 1-year high of $10.56. The business’s 50 day moving average is $10.24 and its 200-day moving average is $10.18.

Institutional Trading of StoneBridge Acquisition

Hedge funds have recently modified their holdings of the company. Lineage Point Capital LP bought a new stake in StoneBridge Acquisition in the 4th quarter valued at $400,000. Toronto Dominion Bank grew its holdings in shares of StoneBridge Acquisition by 22.3% during the fourth quarter. Toronto Dominion Bank now owns 122,316 shares of the company’s stock worth $1,228,000 after buying an additional 22,316 shares in the last quarter. Mangrove Partners IM LLC raised its position in StoneBridge Acquisition by 80.0% in the 4th quarter. Mangrove Partners IM LLC now owns 225,000 shares of the company’s stock valued at $2,259,000 after buying an additional 100,000 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in StoneBridge Acquisition in the 3rd quarter valued at approximately $120,000. Finally, Polar Asset Management Partners Inc. acquired a new position in StoneBridge Acquisition during the 3rd quarter worth approximately $1,496,000.