Four Leaf Acquisition Co. (NASDAQ:FORL) Sees Significant Growth in Short Interest

Four Leaf Acquisition Co. (NASDAQ:FORL) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 9,600 shares, a growth of 31.5% from the December 15th total of 7,300 shares. Based on an average daily volume of 6,000 shares, the short-interest ratio is currently 1.6 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Trading of Four Leaf Acquisition

A number of hedge funds have recently bought and sold shares of FORL. Virtu Financial LLC bought a new stake in shares of Four Leaf Acquisition during the 3rd quarter valued at about $206,000. Clear Street LLC purchased a new stake in Four Leaf Acquisition during the second quarter valued at approximately $320,000. SkyView Investment Advisors LLC bought a new position in Four Leaf Acquisition in the second quarter worth approximately $383,000. Berkley W R Corp bought a new stake in shares of Four Leaf Acquisition during the 3rd quarter valued at $1,456,000. Finally, K2 Principal Fund L.P. bought a new stake in shares of Four Leaf Acquisition during the 2nd quarter valued at $1,587,000. Hedge funds and other institutional investors own 72.96% of the company’s stock.

Four Leaf Acquisition Trading Down 0.1 %

Shares of FORL opened at $11.09 on Friday. The firm has a fifty day simple moving average of $11.07 and a two-hundred day simple moving average of $11.02. Four Leaf Acquisition has a 1-year low of $10.58 and a 1-year high of $11.29.

Four Leaf Acquisition Company Profile

Four Leaf Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to acquire the Internet of Things business.