Kairous Acquisition Corp. Limited (NASDAQ:KACL – Get Free Report) 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.
See Also
- Five stocks we like better than Kairous Acquisition
- Roth IRA Calculator: Calculate Your Potential Returns
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- Quiet Period Expirations Explained
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- Bank Stocks – Best Bank Stocks to Invest In
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for Kairous Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kairous Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.