CSLM Acquisition Corp. (NASDAQ:CSLM) Short Interest Up 100.0% in November

CSLM Acquisition Corp. (NASDAQ:CSLM) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 400 shares, an increase of 100.0% from the October 31st total of 200 shares. Based on an average daily trading volume, of 1,000 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of CSLM Acquisition

Several large investors have recently bought and sold shares of CSLM. Spartan Fund Management Inc. boosted its position in shares of CSLM Acquisition by 72.4% in the 2nd quarter. Spartan Fund Management Inc. now owns 20,253 shares of the company’s stock worth $228,000 after buying an additional 8,508 shares in the last quarter. K2 Principal Fund L.P. acquired a new stake in CSLM Acquisition during the 2nd quarter valued at $1,172,000. Finally, Logan Stone Capital LLC purchased a new position in CSLM Acquisition during the second quarter worth $1,571,000. Institutional investors and hedge funds own 46.80% of the company’s stock.

CSLM Acquisition Stock Performance

CSLM remained flat at $11.35 on Thursday. 3 shares of the company’s stock traded hands, compared to its average volume of 1,769. The business has a fifty day moving average price of $11.32 and a two-hundred day moving average price of $11.27. CSLM Acquisition has a one year low of $10.79 and a one year high of $12.42.

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.