Kairous Acquisition Corp. Limited (NASDAQ:KACL) Short Interest Down 40.0% in September

Kairous Acquisition Corp. Limited (NASDAQ:KACL) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 1,200 shares, a decrease of 40.0% from the August 31st total of 2,000 shares. Based on an average trading volume of 300 shares, the short-interest ratio is presently 4.0 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Kairous Acquisition stock. Berkley W R Corp purchased a new position in shares of Kairous Acquisition Corp. Limited (NASDAQ:KACL) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 148,566 shares of the company’s stock, valued at approximately $1,747,000. Berkley W R Corp owned about 4.04% of Kairous Acquisition at the end of the most recent reporting period. Institutional investors and hedge funds own 36.35% of the company’s stock.

Kairous Acquisition Stock Performance

Kairous Acquisition stock remained flat at $12.20 during trading hours on Thursday. 1 shares of the company’s stock traded hands, compared to its average volume of 254. Kairous Acquisition has a 1 year low of $11.10 and a 1 year high of $12.83. The stock has a 50 day moving average of $12.14 and a 200-day moving average of $11.96.

Kairous Acquisition Company Profile

Kairous Acquisition Corp. Limited 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 intends to focus on opportunities in Asia, excluding China.