ESH Acquisition Corp. (NASDAQ:ESHA - Get Free Report) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 5,500 shares, a drop of 16.7% from the November 30th total of 6,600 shares. Based on an average trading volume of 72,900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company's shares are short sold.
Institutional Investors Weigh In On ESH Acquisition
Several large investors have recently modified their holdings of the company. Warberg Asset Management LLC boosted its position in ESH Acquisition by 2.9% during the second quarter. Warberg Asset Management LLC now owns 38,700 shares of the company's stock valued at $403,000 after acquiring an additional 1,096 shares during the last quarter. Berkley W R Corp boosted its position in shares of ESH Acquisition by 4.4% during the 2nd quarter. Berkley W R Corp now owns 72,250 shares of the company's stock valued at $754,000 after purchasing an additional 3,013 shares in the last quarter. Cowen AND Company LLC grew its stake in ESH Acquisition by 75.4% during the second quarter. Cowen AND Company LLC now owns 159,341 shares of the company's stock worth $1,660,000 after purchasing an additional 68,502 shares during the period. Verition Fund Management LLC increased its holdings in ESH Acquisition by 0.4% in the third quarter. Verition Fund Management LLC now owns 250,945 shares of the company's stock worth $2,660,000 after purchasing an additional 1,061 shares in the last quarter. Finally, Wolverine Asset Management LLC acquired a new position in ESH Acquisition in the third quarter valued at approximately $3,368,000. 96.64% of the stock is currently owned by institutional investors and hedge funds.
ESH Acquisition Stock Performance
ESHA stock traded down $0.48 during trading on Friday, hitting $10.77. The company had a trading volume of 1,717 shares, compared to its average volume of 52,231. The business has a 50-day moving average of $10.78 and a 200-day moving average of $10.62. ESH Acquisition has a one year low of $10.23 and a one year high of $11.88.
About ESH Acquisition
(
Get Free Report)
ESH Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets in the sports, hospitality, and music and entertainment sectors.
Further Reading
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