Origin Investment Corp I (NASDAQ:ORIQU) Sees Significant Decrease in Short Interest

Origin Investment Corp I (NASDAQ:ORIQU) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 399 shares, a drop of 90.9% from the December 15th total of 4,401 shares. Based on an average trading volume of 379 shares, the days-to-cover ratio is currently 1.1 days. Based on an average trading volume of 379 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Investors Weigh In On Origin Investment Corp I

Large investors have recently made changes to their positions in the stock. Clear Street Group Inc. purchased a new position in Origin Investment Corp I in the 3rd quarter worth $37,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of Origin Investment Corp I in the third quarter worth about $506,000. Finally, Heights Capital Management Inc. acquired a new stake in shares of Origin Investment Corp I during the third quarter worth about $2,528,000.

Origin Investment Corp I Stock Down 0.1%

Shares of Origin Investment Corp I stock traded down $0.01 during midday trading on Tuesday, hitting $10.19. The company had a trading volume of 500 shares, compared to its average volume of 300. The business has a fifty day moving average price of $10.40. Origin Investment Corp I has a 12-month low of $9.98 and a 12-month high of $10.69.

Origin Investment Corp I Company Profile

Origin Investment Corp I is a Delaware-based special purpose acquisition company (SPAC) formed to pursue a business combination with a target operating company. Listed on the NASDAQ under the ticker ORIQU, the company seeks to leverage the flexible structure of a blank check vehicle to identify and consummate a merger, capital purchase, or similar business transaction.

The company’s primary focus is on identifying opportunities within technology, media, telecommunications, and related sectors.