Four Leaf Acquisition Co. (NASDAQ:FORL) Short Interest Down 59.4% in November

Four Leaf Acquisition Co. (NASDAQ:FORL) was the recipient of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 4,100 shares, a decline of 59.4% from the November 15th total of 10,100 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 7,500 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Virtu Financial LLC bought a new stake in Four Leaf Acquisition during the third quarter valued at about $206,000. Berkley W R Corp acquired a new position in shares of Four Leaf Acquisition during the 3rd quarter worth about $1,456,000. Wolverine Asset Management LLC boosted its stake in Four Leaf Acquisition by 13.0% during the 3rd quarter. Wolverine Asset Management LLC now owns 260,886 shares of the company’s stock valued at $2,870,000 after purchasing an additional 29,964 shares during the period. SkyView Investment Advisors LLC acquired a new stake in Four Leaf Acquisition in the 2nd quarter valued at approximately $383,000. Finally, K2 Principal Fund L.P. bought a new position in Four Leaf Acquisition in the 2nd quarter worth approximately $1,587,000. 72.96% of the stock is currently owned by institutional investors and hedge funds.

Four Leaf Acquisition Trading Down 0.2 %

FORL stock traded down $0.02 during midday trading on Wednesday, hitting $11.05. 3,010 shares of the company traded hands, compared to its average volume of 25,606. Four Leaf Acquisition has a twelve month low of $10.50 and a twelve month high of $11.29. The business has a 50 day simple moving average of $11.03 and a 200-day simple moving average of $10.99.

About Four Leaf Acquisition

Four Leaf Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to acquire the Internet of Things business.