Quantum Leap Acquisition Corp (NYSE:QLEP) Short Interest Update

Quantum Leap Acquisition Corp (NYSE:QLEP) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,730 shares, an increase of 190.8% from the August 15th total of 595 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 63,800 shares, the short-interest ratio is currently 0.0 days.

Quantum Leap Acquisition Price Performance

QLEP opened at $10.02 on Friday. The firm’s 50-day moving average is $10.00. Quantum Leap Acquisition has a fifty-two week low of $9.93 and a fifty-two week high of $10.10.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Quantum Leap Acquisition to a “hold” rating in a research report on Saturday, June 27th.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Quantum Leap Acquisition stock. Lineage Point Capital LP bought a new stake in shares of Quantum Leap Acquisition Corp (NYSE:QLEP) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 650,000 shares of the company’s stock, valued at approximately $6,454,000. Quantum Leap Acquisition accounts for about 1.3% of Lineage Point Capital LP’s portfolio, making the stock its 13th largest holding. Lineage Point Capital LP owned about 2.75% of Quantum Leap Acquisition at the end of the most recent reporting period.

About Quantum Leap Acquisition

Quantum Leap Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Quantum Leap Acquisition Corp. is based in Menlo Park, California.