Kairous Acquisition Corp. Limited (NASDAQ:KACL) Short Interest Update

Kairous Acquisition Corp. Limited (NASDAQ:KACL) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 500 shares, an increase of 400.0% from the May 31st total of 100 shares. Based on an average daily volume of 2,700 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Kairous Acquisition Stock Performance

KACL remained flat at $12.02 on Friday. 1 shares of the company were exchanged, compared to its average volume of 428. The company’s fifty day simple moving average is $11.91 and its 200 day simple moving average is $11.73. Kairous Acquisition has a 12-month low of $10.93 and a 12-month high of $12.83.

Institutional Trading of Kairous Acquisition

Large investors have recently bought and sold shares of the company. Wolverine Asset Management LLC grew its position in Kairous Acquisition by 0.9% in the fourth quarter. Wolverine Asset Management LLC now owns 126,094 shares of the company’s stock valued at $1,444,000 after acquiring an additional 1,091 shares in the last quarter. Berkley W R Corp acquired a new stake in Kairous Acquisition in the first quarter valued at approximately $1,747,000. Mizuho Securities USA LLC grew its position in Kairous Acquisition by 5.0% in the fourth quarter. Mizuho Securities USA LLC now owns 264,746 shares of the company’s stock valued at $3,018,000 after acquiring an additional 12,545 shares in the last quarter. Finally, Shaolin Capital Management LLC grew its position in Kairous Acquisition by 250.0% in the third quarter. Shaolin Capital Management LLC now owns 300,000 shares of the company’s stock valued at $3,375,000 after acquiring an additional 500,000 shares in the last quarter. Institutional investors and hedge funds own 36.35% of the company’s stock.

Kairous Acquisition Company Profile

Kairous Acquisition Corp. Limited does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on opportunities in Asia, excluding China.