Target Global Acquisition I Corp. (NASDAQ:TGAA - Get Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totalling 400 shares, a decline of 33.3% from the April 30th total of 600 shares. Based on an average daily volume of 3,700 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of TGAA. Radcliffe Capital Management L.P. lifted its holdings in Target Global Acquisition I by 13.6% during the 3rd quarter. Radcliffe Capital Management L.P. now owns 32,398 shares of the company's stock worth $352,000 after buying an additional 3,868 shares in the last quarter. BCK Capital Management LP bought a new position in shares of Target Global Acquisition I in the 4th quarter worth $615,000. Virtu Financial LLC acquired a new stake in shares of Target Global Acquisition I during the first quarter worth $667,000. K2 Principal Fund L.P. bought a new stake in Target Global Acquisition I in the first quarter valued at about $1,976,000. Finally, Mizuho Securities USA LLC boosted its holdings in Target Global Acquisition I by 12.4% during the third quarter. Mizuho Securities USA LLC now owns 288,271 shares of the company's stock worth $3,099,000 after buying an additional 31,728 shares during the last quarter. Institutional investors and hedge funds own 92.13% of the company's stock.
Target Global Acquisition I Stock Up 1.9 %
Shares of TGAA traded up $0.21 on Thursday, hitting $11.51. The company's stock had a trading volume of 4 shares, compared to its average volume of 3,932. Target Global Acquisition I has a fifty-two week low of $10.49 and a fifty-two week high of $12.19. The company has a 50 day moving average price of $11.24 and a 200 day moving average price of $11.13.
Target Global Acquisition I Company Profile
(
Get Free Report)
Target Global Acquisition I Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on the consumer internet, mobility, and financial technology sectors.
Read More
Before you consider Target Global Acquisition I, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Target Global Acquisition I wasn't on the list.
While Target Global Acquisition I currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
