Short Interest in Target Global Acquisition I Corp. (NASDAQ:TGAA) Increases By 100.0%

Target Global Acquisition I Corp. (NASDAQ:TGAA) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 1,200 shares, a growth of 100.0% from the June 30th total of 600 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 35,200 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Target Global Acquisition I

Institutional investors have recently bought and sold shares of the business. BCK Capital Management LP bought a new stake in Target Global Acquisition I in the 4th quarter valued at about $615,000. Virtu Financial LLC bought a new stake in shares of Target Global Acquisition I in the 1st quarter valued at $667,000. K2 Principal Fund L.P. bought a new stake in shares of Target Global Acquisition I in the 1st quarter valued at $1,976,000. Berkley W R Corp boosted its stake in shares of Target Global Acquisition I by 123.1% in the 4th quarter. Berkley W R Corp now owns 456,210 shares of the company’s stock valued at $5,032,000 after purchasing an additional 251,733 shares during the last quarter. Finally, Mizuho Securities USA LLC boosted its stake in Target Global Acquisition I by 155.7% during the fourth quarter. Mizuho Securities USA LLC now owns 737,064 shares of the company’s stock worth $8,108,000 after acquiring an additional 448,793 shares in the last quarter. Institutional investors own 92.13% of the company’s stock.

Target Global Acquisition I Stock Performance

Shares of TGAA stock traded up $0.04 during midday trading on Friday, hitting $11.33. 163 shares of the company were exchanged, compared to its average volume of 41,760. The firm’s 50 day moving average price is $11.37 and its two-hundred day moving average price is $11.23. Target Global Acquisition I has a 52 week low of $10.64 and a 52 week high of $12.19.

Target Global Acquisition I Company Profile

Target Global Acquisition I Corp. does not have significant operations. It 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 the consumer internet, mobility, and financial technology sectors.