2 weeks Ago By ABMN Staff
TMT Acquisition Corp ( NASDAQ:TMTC – Get Free Report ) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 3,900 shares, an increase of 25.8% from the August 31st total of 3,100 shares.
Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 22,000 shares, the short-interest ratio is currently 0.
2 days. TMT Acquisition Stock Performance TMTC stock opened at $11.24 on Friday.
TMT Acquisition has a twelve month low of $10.43 and a twelve month high of $11.25.
The stock’s 50 day moving average is $11.12 and its 200-day moving average is $10.96.
Institutional Trading of TMT Acquisition Institutional investors have recently made changes to their positions in the company. Gabelli Funds LLC purchased a new position in TMT Acquisition during the fourth quarter worth about $1,229,000. GABELLI & Co INVESTMENT ADVISERS INC.
bought a new position in shares of TMT Acquisition in the fourth quarter valued at approximately $993,000. Oaktree Capital Management LP increased its position in shares of TMT Acquisition by 133.3% during the fourth quarter.
Oaktree Capital Management LP now owns 175,000 shares of the company’s stock valued at $1,845,000 after acquiring an additional 100,000 shares during the last quarter. ADAR1 Capital Management LLC bought a new stake in TMT Acquisition during the fourth quarter worth $530,000. Finally, Bulldog Investors LLP lifted its holdings in TMT Acquisition by 19.
0% during the fourth quarter. Bulldog Investors LLP now owns 118,291 shares of the company’s stock worth $1,242,000 after acquiring an additional 18,914 shares during the period. Institutional investors own 88.
31% of the company’s stock. TMT Acquisition Company Profile TMT Acquisition Corp 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 2021 and is based in New York, New York. Further Reading Receive News & Ratings for TMT Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TMT Acquisition and related companies with MarketBeat.com's FREE daily email newsletter .
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