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2022-08-13 16:21
Scion Tech Growth I (NASDAQ:SCOAW – Get Rating) was the recipient of a significant decrease in short interest in July. As of July 31st, there was short interest totalling 6,200 shares, a decrease of 19.5% from the July 15th total of 7,700 shares. Based on an average trading volume of 41,400 shares, the days-to-cover ratio is presently 0.1 days.
Several institutional investors and hedge funds have recently added to or reduced their stakes in SCOAW. Anson Funds Management LP bought a new stake in Scion Tech Growth I during the first quarter worth $2,184,000. RP Investment Advisors LP raised its position in shares of Scion Tech Growth I by 15.5% in the first quarter. RP Investment Advisors LP now owns 744,423 shares of the company's stock valued at $201,000 after purchasing an additional 100,000 shares during the period. Q Global Advisors LLC raised its position in shares of Scion Tech Growth I by 155.5% in the first quarter. Q Global Advisors LLC now owns 127,735 shares of the company's stock valued at $34,000 after purchasing an additional 77,735 shares during the period. Finally, Polar Asset Management Partners Inc. bought a new position in shares of Scion Tech Growth I in the first quarter valued at about $70,000.
Get Scion Tech Growth I alerts:NASDAQ SCOAW opened at $0.06 on Friday. The stock's fifty day moving average price is $0.10. Scion Tech Growth I has a 1 year low of $0.05 and a 1 year high of $1.09.
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