Terra Innovatum Global S.R.L. (NASDAQ:NKLR) Short Interest Down 38.7% in April

by · The Cerbat Gem

Terra Innovatum Global S.R.L. (NASDAQ:NKLR – Get Free Report) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 1,616,008 shares, a decrease of 38.7% from the April 15th total of 2,637,430 shares. Currently, 2.3% of the company’s stock are sold short. Based on an average trading volume of 856,576 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Investors Weigh In On Terra Innovatum Global S.R.L.

Several hedge funds and other institutional investors have recently made changes to their positions in NKLR. IFP Advisors Inc acquired a new stake in shares of Terra Innovatum Global S.R.L. in the fourth quarter valued at about $33,000. KLCM Advisors Inc. acquired a new stake in shares of Terra Innovatum Global S.R.L. in the fourth quarter valued at about $46,000. High Net Worth Advisory Group LLC acquired a new stake in shares of Terra Innovatum Global S.R.L. in the first quarter valued at about $46,000. Boothbay Fund Management LLC acquired a new stake in shares of Terra Innovatum Global S.R.L. in the fourth quarter valued at about $51,000. Finally, Millennium Management LLC acquired a new stake in shares of Terra Innovatum Global S.R.L. in the fourth quarter valued at about $51,000.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Terra Innovatum Global S.R.L. in a research note on Wednesday, March 25th. Canaccord Genuity Group assumed coverage on Terra Innovatum Global S.R.L. in a research note on Friday, February 20th. They set a “buy” rating and a $10.00 price target for the company. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $17.50.

View Our Latest Research Report on NKLR

Terra Innovatum Global S.R.L. Stock Performance

Shares of NASDAQ:NKLR traded down $0.50 during midday trading on Friday, hitting $5.84. The company’s stock had a trading volume of 454,224 shares, compared to its average volume of 638,009. The stock’s 50 day moving average is $5.28. Terra Innovatum Global S.R.L. has a fifty-two week low of $3.73 and a fifty-two week high of $21.91.

Terra Innovatum Global S.R.L. Company Profile

(Get Free Report)

Terra Innovatum Global N.V. is a developer of micro-modular nuclear reactors. Terra Innovatum Global N.V., formerly known as GSR III Acquisition Corp., is based in NEW YORK.

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