TenX Keane Acquisition (NASDAQ:TENK) Short Interest Update

TenX Keane Acquisition (NASDAQ:TENK) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a decline of 50.0% from the March 31st total of 200 shares. Based on an average trading volume of 22,000 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On TenX Keane Acquisition

A number of hedge funds have recently modified their holdings of TENK. Cowen AND Company LLC bought a new stake in shares of TenX Keane Acquisition during the 3rd quarter valued at $304,000. Cable Car Capital LLC bought a new position in TenX Keane Acquisition in the 4th quarter worth $1,368,000. Spartan Fund Management Inc. bought a new position in TenX Keane Acquisition in the 1st quarter worth $1,827,000. HGC Investment Management Inc. bought a new position in TenX Keane Acquisition in the 4th quarter worth $2,079,000. Finally, Kepos Capital LP bought a new position in TenX Keane Acquisition in the 3rd quarter worth $2,423,000. Institutional investors own 70.52% of the company’s stock.

TenX Keane Acquisition Price Performance

Shares of TENK stock remained flat at $11.12 during mid-day trading on Friday. 15 shares of the stock were exchanged, compared to its average volume of 655. TenX Keane Acquisition has a 12-month low of $10.41 and a 12-month high of $12.03. The firm’s 50 day moving average price is $11.06 and its 200 day moving average price is $10.97.

About TenX Keane Acquisition

TenX Keane Acquisition focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on target businesses operating in Asia, excluding companies located or operating in mainland China, Hong Kong, or Macau.