EGH Acquisition Corp. (NASDAQ:EGHA) Stock Short Interest Report for September

EGH Acquisition Corp. (NASDAQ:EGHA) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 171 shares, a drop of 75.0% from the September 15th total of 684 shares. Based on an average trading volume of 4,638 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

EGH Acquisition Stock Performance

EGHA stock traded up $0.01 during midday trading on Monday, hitting $10.44. 173,800 shares of the stock were exchanged, compared to its average volume of 17,332. The stock’s 50-day moving average price is $10.40 and its 200-day moving average price is $10.33. EGH Acquisition has a fifty-two week low of $9.31 and a fifty-two week high of $10.80.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of EGH Acquisition from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday, August 18th. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in EGHA. Citadel Advisors LLC acquired a new position in shares of EGH Acquisition during the 2nd quarter worth $202,000. DLD Asset Management LP acquired a new stake in EGH Acquisition in the 1st quarter valued at about $347,000. Verbena Value LP acquired a new stake in EGH Acquisition in the 1st quarter valued at about $4,981,000. Lineage Point Capital LP acquired a new stake in EGH Acquisition in the 4th quarter valued at about $465,000. Finally, Radcliffe Capital Management L.P. increased its holdings in EGH Acquisition by 9.1% during the 4th quarter. Radcliffe Capital Management L.P. now owns 522,737 shares of the company’s stock valued at $5,295,000 after acquiring an additional 43,765 shares in the last quarter.

EGH Acquisition Company Profile