Short Interest in CF Acquisition Corp. VII (NASDAQ:CFFS) Increases By 7.7%

CF Acquisition Corp. VII (NASDAQ:CFFS) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,400 shares, an increase of 7.7% from the October 31st total of 1,300 shares. Based on an average daily trading volume, of 23,700 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

CF Acquisition Corp. VII Stock Performance

CFFS stock opened at $11.25 on Tuesday. CF Acquisition Corp. VII has a 52-week low of $9.73 and a 52-week high of $11.64. The stock’s 50 day moving average is $11.13 and its two-hundred day moving average is $11.04.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. K2 Principal Fund L.P. acquired a new stake in shares of CF Acquisition Corp. VII during the third quarter worth $2,884,000. Quarry LP purchased a new position in shares of CF Acquisition Corp. VII during the third quarter valued at $1,778,000. ATW Spac Management LLC purchased a new position in shares of CF Acquisition Corp. VII during the third quarter valued at $300,000. Cowen AND Company LLC purchased a new position in CF Acquisition Corp. VII in the second quarter valued at about $242,000. Finally, Wolverine Asset Management LLC purchased a new position in CF Acquisition Corp. VII in the second quarter valued at about $38,000. Institutional investors and hedge funds own 75.96% of the company’s stock.

CF Acquisition Corp. VII Company Profile

CF Acquisition Corp. VII does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies in the financial services, healthcare, real estate services, technology, and software industries.