Plum Acquisition Corp. III (NASDAQ:PLMJ - Get Free Report) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 1,600 shares, a decrease of 46.7% from the November 30th total of 3,000 shares. Approximately 0.1% of the company's shares are short sold. Based on an average trading volume of 12,000 shares, the short-interest ratio is presently 0.1 days.
Institutional Investors Weigh In On Plum Acquisition Corp. III
Several institutional investors and hedge funds have recently modified their holdings of the stock. Walleye Trading LLC acquired a new position in Plum Acquisition Corp. III during the 3rd quarter worth approximately $280,000. Tidal Investments LLC purchased a new stake in shares of Plum Acquisition Corp. III during the third quarter valued at approximately $396,000. Walleye Capital LLC acquired a new position in shares of Plum Acquisition Corp. III during the third quarter worth $538,000. Virtu Financial LLC purchased a new position in shares of Plum Acquisition Corp. III in the third quarter valued at $865,000. Finally, K2 Principal Fund L.P. acquired a new stake in Plum Acquisition Corp. III during the 3rd quarter valued at $1,197,000. Hedge funds and other institutional investors own 82.20% of the company's stock.
Plum Acquisition Corp. III Stock Up 0.1 %
NASDAQ PLMJ traded up $0.01 during trading hours on Friday, hitting $11.10. The company had a trading volume of 272 shares, compared to its average volume of 33,434. The firm's 50 day moving average is $11.07 and its 200 day moving average is $10.92. Plum Acquisition Corp. III has a fifty-two week low of $10.50 and a fifty-two week high of $12.04.
Plum Acquisition Corp. III Company Profile
(
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Plum Acquisition Corp. III does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses. The company was formerly known as Alpha Partners Technology Merger Corp.
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