CSLM Acquisition Corp. (NASDAQ:CSLM) Short Interest Up 333.3% in April

CSLM Acquisition Corp. (NASDAQ:CSLM) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 2,600 shares, an increase of 333.3% from the March 31st total of 600 shares. Based on an average trading volume of 47,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On CSLM Acquisition

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Berkley W R Corp bought a new stake in shares of CSLM Acquisition in the fourth quarter valued at approximately $3,329,000. Mizuho Securities USA LLC boosted its stake in shares of CSLM Acquisition by 2.5% in the fourth quarter. Mizuho Securities USA LLC now owns 319,115 shares of the company’s stock valued at $3,472,000 after buying an additional 7,657 shares during the period. Wolverine Asset Management LLC boosted its stake in shares of CSLM Acquisition by 7.6% in the fourth quarter. Wolverine Asset Management LLC now owns 233,229 shares of the company’s stock valued at $2,540,000 after buying an additional 16,394 shares during the period. Walleye Trading LLC acquired a new position in CSLM Acquisition during the third quarter valued at approximately $886,000. Finally, Walleye Capital LLC acquired a new position in CSLM Acquisition during the third quarter valued at approximately $2,110,000. Institutional investors own 46.80% of the company’s stock.

CSLM Acquisition Trading Up 0.1 %

CSLM Acquisition stock traded up $0.01 during midday trading on Friday, reaching $11.14. 221,302 shares of the company’s stock were exchanged, compared to its average volume of 70,525. CSLM Acquisition has a 52 week low of $10.39 and a 52 week high of $12.42. The stock’s 50-day simple moving average is $11.04 and its 200 day simple moving average is $10.92.

About CSLM Acquisition

CSLM Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.