CSLM Acquisition Corp. (NASDAQ:CSLM) Short Interest Update

CSLM Acquisition Corp. (NASDAQ:CSLM) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 200 shares, a drop of 50.0% from the October 15th total of 400 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is presently 0.1 days.

CSLM Acquisition Price Performance

Shares of CSLM Acquisition stock remained flat at $11.35 during trading hours on Thursday. The stock had a trading volume of 1 shares, compared to its average volume of 1,767. The business’s 50-day simple moving average is $11.31 and its 200 day simple moving average is $11.26. CSLM Acquisition has a 52 week low of $10.79 and a 52 week high of $12.42.

Hedge Funds Weigh In On CSLM Acquisition

A number of large investors have recently modified their holdings of CSLM. Mizuho Securities USA LLC raised its holdings in shares of 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 buying an additional 36,379 shares during the period. Periscope Capital Inc. grew 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 in the last quarter. Berkley W R Corp grew its stake in CSLM Acquisition by 127.8% during the 1st quarter. Berkley W R Corp now owns 696,357 shares of the company’s stock valued at $7,688,000 after purchasing an additional 390,677 shares in the last quarter. Spartan Fund Management Inc. grew its stake in CSLM Acquisition by 72.4% during the 2nd quarter. Spartan Fund Management Inc. now owns 20,253 shares of the company’s stock valued at $228,000 after purchasing an additional 8,508 shares in the last quarter. Finally, K2 Principal Fund L.P. acquired a new stake in CSLM Acquisition during the 2nd quarter valued at approximately $1,172,000. 46.80% of the stock is currently owned by hedge funds and other institutional investors.

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.