Blue Acquisition Corp/Cayman (NASDAQ:BACCU) Short Interest Update

Blue Acquisition Corp/Cayman (NASDAQ:BACCU) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 11 shares, a growth of 1,000.0% from the June 30th total of 1 shares. Based on an average daily volume of 158 shares, the days-to-cover ratio is currently 0.1 days.

Blue Acquisition Corp/Cayman Stock Performance

BACCU stock remained flat at $11.12 on Friday. Blue Acquisition Corp/Cayman has a twelve month low of $10.07 and a twelve month high of $11.75. The stock’s 50 day moving average price is $11.02.

Institutional Investors Weigh In On Blue Acquisition Corp/Cayman

An institutional investor recently raised its stake in Blue Acquisition Corp/Cayman stock. Toronto Dominion Bank grew its stake in shares of Blue Acquisition Corp/Cayman (NASDAQ:BACCU) by 85.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 277,773 shares of the company’s stock after acquiring an additional 127,773 shares during the quarter. Toronto Dominion Bank’s holdings in Blue Acquisition Corp/Cayman were worth $2,922,000 as of its most recent SEC filing.

Blue Acquisition Corp/Cayman Company Profile

Blue Acquisition Corp/Cayman (NASDAQ: BACCU) is a special purpose acquisition company (SPAC) formed as an exempted company under the laws of the Cayman Islands and listed on the NASDAQ Stock Market. The company has issued units under the BACCU ticker and, like other SPACs, was created to raise capital through an initial public offering for the purpose of effecting a business combination.

As a blank‑check acquisition vehicle, Blue Acquisition Corp does not operate commercial businesses or sell products or services.