Metal Sky Star Acquisition Co. (NASDAQ:MSSA) Short Interest Update

Metal Sky Star Acquisition Co. (NASDAQ:MSSA) was the recipient of a large drop in short interest in November. As of November 15th, there was short interest totalling 100 shares, a drop of 95.0% from the October 31st total of 2,000 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Metal Sky Star Acquisition stock. Tidal Investments LLC acquired a new stake in shares of Metal Sky Star Acquisition Co. (NASDAQ:MSSA) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 22,373 shares of the company’s stock, valued at approximately $249,000. Tidal Investments LLC owned approximately 0.35% of Metal Sky Star Acquisition at the end of the most recent quarter. 49.73% of the stock is owned by institutional investors and hedge funds.

Metal Sky Star Acquisition Stock Up 2.8 %

Shares of MSSA stock traded up $0.33 during mid-day trading on Wednesday, hitting $12.00. 6,928 shares of the stock traded hands, compared to its average volume of 18,146. Metal Sky Star Acquisition has a twelve month low of $10.89 and a twelve month high of $12.90. The company’s 50-day simple moving average is $11.62 and its 200-day simple moving average is $11.43.

Metal Sky Star Acquisition Company Profile

Metal Sky Star Acquisition Corporation does not have significant operations. It intends to effect a merger, share 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.