Short Interest in M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) Rises By 75.7%

M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 231,486 shares, an increase of 75.7% from the February 26th total of 131,764 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 28,351 shares, the days-to-cover ratio is presently 8.2 days.

M3-Brigade Acquisition V Stock Up 0.1%

Shares of MBAV stock traded up $0.01 during trading on Friday, reaching $10.78. The company had a trading volume of 127,192 shares, compared to its average volume of 133,194. The firm’s 50 day simple moving average is $10.69 and its two-hundred day simple moving average is $10.63. M3-Brigade Acquisition V has a one year low of $10.19 and a one year high of $13.73.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on MBAV shares. Weiss Ratings reissued a “sell (d-)” rating on shares of M3-Brigade Acquisition V in a research note on Monday, December 22nd. Wall Street Zen raised shares of M3-Brigade Acquisition V to a “sell” rating in a research note on Saturday, March 14th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, M3-Brigade Acquisition V presently has a consensus rating of “Sell”.

Hedge Funds Weigh In On M3-Brigade Acquisition V

A number of institutional investors have recently modified their holdings of the company. Saba Capital Management L.P. acquired a new stake in shares of M3-Brigade Acquisition V in the fourth quarter worth $151,000. Hudson Bay Capital Management LP bought a new position in M3-Brigade Acquisition V in the 4th quarter worth $159,000. Prelude Capital Management LLC bought a new position in M3-Brigade Acquisition V in the 3rd quarter worth $281,000. Sandia Investment Management LP acquired a new position in M3-Brigade Acquisition V during the 2nd quarter worth $334,000. Finally, Clear Street LLC lifted its position in M3-Brigade Acquisition V by 2,280.8% during the 2nd quarter. Clear Street LLC now owns 32,069 shares of the company’s stock worth $362,000 after acquiring an additional 30,722 shares during the last quarter.

M3-Brigade Acquisition V Company Profile

M3-Brigade Acquisition V is a special purpose acquisition company (SPAC) sponsored by M3 Inc, a global healthcare information and technology provider, and Brigade Capital Management, an investment management firm. The company is structured as a blank‐check vehicle listed on the Nasdaq Stock Market under the ticker MBAV, with the objective of identifying and completing a business combination in the healthcare, life sciences or related sectors.

The company benefits from the operational expertise of M3’s digital health platform and real‐world data capabilities, combined with Brigade’s deep experience in credit and asset management.