Invest Green Acquisition Corporation Units (NASDAQ:IGACU) Sees Large Increase in Short Interest

by · The Markets Daily

Invest Green Acquisition Corporation Units (NASDAQ:IGACU – Get Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 2,688 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average trading volume of 478 shares, the days-to-cover ratio is currently 5.6 days.

Institutional Investors Weigh In On Invest Green Acquisition Corporation Units

A hedge fund recently bought a new stake in Invest Green Acquisition Corporation Units stock. TrueMark Investments LLC acquired a new stake in shares of Invest Green Acquisition Corporation Units (NASDAQ:IGACU – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 14,268 shares of the company’s stock, valued at approximately $143,000.

Invest Green Acquisition Corporation Units Price Performance

Shares of NASDAQ:IGACU traded up $0.03 during trading on Monday, hitting $10.25. 68 shares of the stock were exchanged, compared to its average volume of 5,266. Invest Green Acquisition Corporation Units has a 12-month low of $10.00 and a 12-month high of $11.14. The company has a fifty day simple moving average of $10.14.

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