Lafayette Acquisition Corp. (NASDAQ:LAFAR) Short Interest Update

Lafayette Acquisition Corp. (NASDAQ:LAFAR) was the target of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 2,532 shares, an increase of 63.0% from the June 30th total of 1,553 shares. Based on an average daily trading volume, of 5,091 shares, the short-interest ratio is currently 0.5 days.

Lafayette Acquisition Trading Down 0.1%

Lafayette Acquisition stock opened at $0.09 on Friday. The firm has a 50-day moving average of $0.11. Lafayette Acquisition has a twelve month low of $0.07 and a twelve month high of $0.30.

Institutional Trading of Lafayette Acquisition

Several institutional investors have recently added to or reduced their stakes in LAFAR. Polar Asset Management Partners Inc. acquired a new position in Lafayette Acquisition in the 4th quarter valued at $68,000. AQR Arbitrage LLC acquired a new stake in shares of Lafayette Acquisition during the fourth quarter worth $89,000. Verition Fund Management LLC acquired a new stake in shares of Lafayette Acquisition during the fourth quarter worth $106,000. Aristeia Capital L.L.C. bought a new stake in shares of Lafayette Acquisition in the fourth quarter valued at about $54,000. Finally, First Trust Capital Management L.P. bought a new stake in shares of Lafayette Acquisition in the fourth quarter valued at about $41,000.

Lafayette Acquisition Company Profile

We are a blank check company incorporated in the Cayman Islands on June 7, 2024, as an exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, which we refer to throughout this prospectus as our “business combination” with a business or entity, which we refer to throughout this prospectus as a “target business”. To date, our efforts have been limited to organizational activities and activities related to this offering.