Aura FAT Projects Acquisition Corp (NASDAQ:AFAR) Short Interest Down 62.5% in April

Aura FAT Projects Acquisition Corp (NASDAQ:AFAR) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 900 shares, a decline of 62.5% from the March 31st total of 2,400 shares. Based on an average trading volume of 10,800 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Aura FAT Projects Acquisition Stock Performance

NASDAQ AFAR remained flat at $11.23 on Thursday. 6 shares of the company traded hands, compared to its average volume of 2,388. The company’s 50-day moving average price is $11.09 and its two-hundred day moving average price is $10.94. Aura FAT Projects Acquisition has a 12 month low of $10.49 and a 12 month high of $11.64.

Institutional Investors Weigh In On Aura FAT Projects Acquisition

Several institutional investors and hedge funds have recently added to or reduced their stakes in AFAR. Meteora Capital LLC acquired a new stake in Aura FAT Projects Acquisition during the 3rd quarter worth $1,404,000. Quarry LP acquired a new position in shares of Aura FAT Projects Acquisition during the 4th quarter valued at about $1,359,000. Wolverine Asset Management LLC boosted its position in shares of Aura FAT Projects Acquisition by 16.3% during the 4th quarter. Wolverine Asset Management LLC now owns 152,680 shares of the company’s stock valued at $1,660,000 after acquiring an additional 21,385 shares during the last quarter. Finally, Mizuho Securities USA LLC boosted its position in shares of Aura FAT Projects Acquisition by 3.3% during the 4th quarter. Mizuho Securities USA LLC now owns 201,700 shares of the company’s stock valued at $2,168,000 after acquiring an additional 6,478 shares during the last quarter. Institutional investors and hedge funds own 53.28% of the company’s stock.

About Aura FAT Projects Acquisition

Aura FAT Projects Acquisition Corp does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring technology companies with Web 3.0, blockchain, cryptocurrency, digital ledger, e-gaming, and other new financial technology and services applications in Southeast Asia, Australia, and New Zealand.