CSLM Acquisition Corp. (NASDAQ:CSLM) Short Interest Up 33.3% in September

CSLM Acquisition Corp. (NASDAQ:CSLM) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 400 shares, a growth of 33.3% from the September 15th total of 300 shares. Based on an average trading volume of 3,600 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of CSLM Acquisition

A number of institutional investors and hedge funds have recently modified their holdings of CSLM. Spartan Fund Management Inc. lifted its stake in shares of CSLM Acquisition by 72.4% in the second 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 during the last quarter. K2 Principal Fund L.P. acquired a new position in CSLM Acquisition during the 2nd quarter valued at $1,172,000. Logan Stone Capital LLC acquired a new position in CSLM Acquisition during the 2nd quarter valued at $1,571,000. Periscope Capital Inc. raised its stake in CSLM Acquisition by 0.6% during the 1st quarter. Periscope Capital Inc. now owns 352,132 shares of the company’s stock valued at $3,888,000 after purchasing an additional 2,236 shares during the last quarter. Finally, Mizuho Securities USA LLC raised its stake in CSLM Acquisition by 11.4% during the 1st quarter. Mizuho Securities USA LLC now owns 355,494 shares of the company’s stock valued at $3,893,000 after purchasing an additional 36,379 shares during the last quarter. 46.80% of the stock is currently owned by institutional investors and hedge funds.

CSLM Acquisition Stock Performance

Shares of CSLM Acquisition stock remained flat at $11.27 on Tuesday. 2 shares of the stock were exchanged, compared to its average volume of 36,130. The business has a fifty day moving average price of $11.31 and a 200-day moving average price of $11.23. CSLM Acquisition has a twelve month low of $10.69 and a twelve month high of $12.42.

CSLM Acquisition Company Profile

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.