Four Leaf Acquisition Co. (NASDAQ:FORL) Short Interest Up 12.5% in September

Four Leaf Acquisition Co. (NASDAQ:FORL) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 900 shares, a growth of 12.5% from the August 31st total of 800 shares. Based on an average daily volume of 14,300 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Four Leaf Acquisition Price Performance

Shares of FORL remained flat at $11.00 during trading hours on Friday. The company has a 50-day moving average price of $10.99 and a 200 day moving average price of $10.90. Four Leaf Acquisition has a 1-year low of $10.46 and a 1-year high of $11.03.

Insider Transactions at Four Leaf Acquisition

In other news, major shareholder Aqr Capital Management Holding sold 75,000 shares of the company’s stock in a transaction dated Thursday, July 18th. The shares were sold at an average price of $10.98, for a total transaction of $823,500.00. Following the transaction, the insider now owns 60 shares in the company, valued at $658.80. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 19.80% of the company’s stock.

Institutional Trading of Four Leaf Acquisition

Several large investors have recently added to or reduced their stakes in the company. Quarry LP purchased a new stake in shares of Four Leaf Acquisition in the 4th quarter valued at $57,000. ADAR1 Capital Management LLC purchased a new stake in Four Leaf Acquisition in the fourth quarter valued at $105,000. Tidal Investments LLC acquired a new stake in Four Leaf Acquisition during the 1st quarter worth about $143,000. Robinson Capital Management LLC raised its stake in shares of Four Leaf Acquisition by 248.4% during the 1st quarter. Robinson Capital Management LLC now owns 25,242 shares of the company’s stock valued at $274,000 after buying an additional 17,996 shares during the last quarter. Finally, Clear Street LLC acquired a new position in shares of Four Leaf Acquisition in the 2nd quarter valued at about $320,000. Hedge funds and other institutional investors own 72.96% of the company’s stock.

Four Leaf Acquisition Company Profile

Four Leaf Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to acquire the Internet of Things business.