Bullpen Parlay Acquisition (NASDAQ:BPACU) Sees Large Growth in Short Interest

Bullpen Parlay Acquisition (NASDAQ:BPACU) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,000 shares, a growth of ∞ from the June 15th total of 0 shares. Based on an average daily volume of 8,013 shares, the short-interest ratio is currently 0.1 days.

Bullpen Parlay Acquisition Stock Performance

Shares of NASDAQ BPACU remained flat at $10.34 during midday trading on Friday. The firm has a 50-day moving average price of $10.31 and a two-hundred day moving average price of $10.23. Bullpen Parlay Acquisition has a 12-month low of $10.03 and a 12-month high of $12.20.

Institutional Trading of Bullpen Parlay Acquisition

Hedge funds and other institutional investors have recently bought and sold shares of the stock. ABC Arbitrage SA purchased a new position in Bullpen Parlay Acquisition during the fourth quarter valued at approximately $252,000. Virtu Financial LLC purchased a new position in shares of Bullpen Parlay Acquisition during the 4th quarter valued at $406,000. Yakira Capital Management Inc. bought a new position in Bullpen Parlay Acquisition in the 4th quarter worth $459,000. Stoic Point Capital Management LLC bought a new position in Bullpen Parlay Acquisition in the 4th quarter worth $504,000. Finally, Toronto Dominion Bank purchased a new stake in Bullpen Parlay Acquisition in the 4th quarter worth $757,000.

Bullpen Parlay Acquisition Company Profile

Bullpen Parlay Acquisition Company 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. It intends to identify business opportunities in the field of online real money gaming, technology, sports, digital media, hospitality, and leisure. The company was incorporated in 2021 and is based in San Francisco, California.