Short Interest in TenX Keane Acquisition (NASDAQ:TENK) Expands By 15,366.7%

TenX Keane Acquisition (NASDAQ:TENK) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 46,400 shares, an increase of 15,366.7% from the June 30th total of 300 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,000 shares, the short-interest ratio is presently 5.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Virtu Financial LLC purchased a new position in shares of TenX Keane Acquisition in the first quarter valued at $316,000. Berkley W R Corp boosted its stake in TenX Keane Acquisition by 27.5% during the first quarter. Berkley W R Corp now owns 530,297 shares of the company’s stock worth $5,870,000 after buying an additional 114,402 shares during the period. Spartan Fund Management Inc. purchased a new position in TenX Keane Acquisition during the first quarter worth $1,827,000. Cable Car Capital LLC purchased a new position in TenX Keane Acquisition during the fourth quarter worth $1,368,000. Finally, Mizuho Securities USA LLC boosted its stake in TenX Keane Acquisition by 6.5% during the fourth quarter. Mizuho Securities USA LLC now owns 522,030 shares of the company’s stock worth $5,690,000 after buying an additional 32,048 shares during the period. 70.52% of the stock is owned by hedge funds and other institutional investors.

TenX Keane Acquisition Trading Down 0.4 %

Shares of TENK stock traded down $0.05 on Friday, reaching $11.48. The company’s stock had a trading volume of 700 shares, compared to its average volume of 37,431. The stock’s fifty day simple moving average is $11.36 and its 200-day simple moving average is $11.16. TenX Keane Acquisition has a 1 year low of $10.64 and a 1 year high of $12.03.

TenX Keane Acquisition Company Profile

TenX Keane Acquisition does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on target businesses operating in Asia, excluding companies located or operating in mainland China, Hong Kong, or Macau.