Distoken Acquisition Co. (NASDAQ:DIST) Short Interest Up 500.0% in November

Distoken Acquisition Co. (NASDAQ:DIST) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 600 shares, a growth of 500.0% from the October 31st total of 100 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 13,900 shares, the days-to-cover ratio is currently 0.0 days.

Distoken Acquisition Trading Up 1.5 %

NASDAQ DIST traded up $0.17 on Wednesday, reaching $11.37. The company had a trading volume of 780 shares, compared to its average volume of 25,986. The company’s fifty day moving average is $10.97 and its 200 day moving average is $10.85. Distoken Acquisition has a 52-week low of $10.58 and a 52-week high of $12.35.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Cowen AND Company LLC increased its position in shares of Distoken Acquisition by 65.1% during the 2nd quarter. Cowen AND Company LLC now owns 40,000 shares of the company’s stock valued at $431,000 after purchasing an additional 15,768 shares during the last quarter. Clear Street LLC increased its holdings in Distoken Acquisition by 9,908.7% during the second quarter. Clear Street LLC now owns 112,898 shares of the company’s stock worth $1,217,000 after buying an additional 111,770 shares during the last quarter. K2 Principal Fund L.P. bought a new stake in Distoken Acquisition in the second quarter worth about $1,227,000. Berkley W R Corp boosted its stake in Distoken Acquisition by 0.6% in the second quarter. Berkley W R Corp now owns 249,515 shares of the company’s stock valued at $2,682,000 after acquiring an additional 1,488 shares during the last quarter. Finally, Mizuho Securities USA LLC raised its holdings in shares of Distoken Acquisition by 1.0% in the 3rd quarter. Mizuho Securities USA LLC now owns 265,155 shares of the company’s stock worth $2,864,000 after purchasing an additional 2,600 shares during the period. 63.68% of the stock is owned by institutional investors.

About Distoken Acquisition

Distoken Acquisition Corporation does not have significant operations. The company focus on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire businesses in the technology industry in Asia.