CF Acquisition Corp. VI (NASDAQ:CFVI) Short Interest Update
CF Acquisition Corp. VI (NASDAQ:CFVI) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 306,500 shares, a decline of 42.7% from the December 15th total of 535,000 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 5,750,000 shares, the days-to-cover ratio is presently 0.1 days.
A number of institutional investors have recently modified their holdings of CFVI. Ancora Advisors LLC purchased a new position in CF Acquisition Corp. VI during the 3rd quarter valued at $29,000. Magnetar Financial LLC purchased a new position in CF Acquisition Corp. VI during the 3rd quarter valued at $100,000. Robinson Capital Management LLC purchased a new position in CF Acquisition Corp. VI during the 3rd quarter valued at $101,000. Toroso Investments LLC purchased a new stake in shares of CF Acquisition Corp. VI in the 3rd quarter worth about $101,000. Finally, Carroll Financial Associates Inc. purchased a new stake in shares of CF Acquisition Corp. VI in the 4th quarter worth about $130,000.51.91% of the stock is currently owned by institutional investors and hedge funds.
Shares of CF Acquisition Corp. VI stock opened at $12.30 on Monday. The firm’s fifty day moving average is $11.18. CF Acquisition Corp. VI has a 12-month low of $9.63 and a 12-month high of $15.48.
CF Acquisition Corp. VI Company Profile
CF Acquisition Corp. VI 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 was incorporated in 2020 and is New York, New York.