CSLM Acquisition Corp. (NASDAQ:CSLM) Short Interest Update

CSLM Acquisition Corp. (NASDAQ:CSLM) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,600 shares, an increase of 333.3% from the March 31st total of 600 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 47,000 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On CSLM Acquisition

A number of institutional investors have recently bought and sold shares of the stock. Mizuho Securities USA LLC increased its stake in CSLM Acquisition by 2.5% in the 4th quarter. Mizuho Securities USA LLC now owns 319,115 shares of the company’s stock worth $3,472,000 after purchasing an additional 7,657 shares in the last quarter. Spartan Fund Management Inc. purchased a new position in CSLM Acquisition in the 3rd quarter worth about $122,000. Wolverine Asset Management LLC increased its stake in CSLM Acquisition by 7.6% in the 4th quarter. Wolverine Asset Management LLC now owns 233,229 shares of the company’s stock worth $2,540,000 after purchasing an additional 16,394 shares in the last quarter. Meteora Capital LLC purchased a new position in CSLM Acquisition in the 3rd quarter worth about $277,000. Finally, Walleye Trading LLC purchased a new position in CSLM Acquisition in the 3rd quarter worth about $886,000. Hedge funds and other institutional investors own 46.80% of the company’s stock.

CSLM Acquisition Price Performance

NASDAQ:CSLM traded up $0.01 during mid-day trading on Friday, reaching $11.14. 221,302 shares of the stock were exchanged, compared to its average volume of 70,525. The business has a fifty day moving average price of $11.04 and a 200 day moving average price of $10.92. CSLM Acquisition has a 1-year low of $10.39 and a 1-year high of $12.42.

CSLM Acquisition Company Profile

CSLM Acquisition Corp. 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 or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.