KKR Acquisition Holdings I Corp. (NYSE:KAHC) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 45,200 shares, a drop of 26.0% from the August 15th total of 61,100 shares. Based on an average daily volume of 153,500 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short.
A number of large investors have recently added to or reduced their stakes in KAHC. Segantii Capital Management Ltd bought a new stake in KKR Acquisition Holdings I during the 2nd quarter valued at about $1,228,000. HighTower Advisors LLC bought a new stake in shares of KKR Acquisition Holdings I in the second quarter worth approximately $8,482,000. LPL Financial LLC bought a new stake in shares of KKR Acquisition Holdings I in the second quarter worth approximately $123,000. Finally, RP Investment Advisors LP grew its stake in shares of KKR Acquisition Holdings I by 34.2% in the second quarter. RP Investment Advisors LP now owns 1,670,005 shares of the company’s stock worth $16,399,000 after acquiring an additional 425,958 shares during the period.
Shares of NYSE KAHC opened at $9.73 on Wednesday. KKR Acquisition Holdings I has a 1 year low of $9.65 and a 1 year high of $10.03. The company’s 50-day simple moving average is $9.73.
KKR Acquisition Holdings I Corp. intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
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