Short Interest in Four Leaf Acquisition Co. (NASDAQ:FORL) Decreases By 54.2%

Four Leaf Acquisition Co. (NASDAQ:FORL) was the recipient of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 2,700 shares, a decrease of 54.2% from the February 28th total of 5,900 shares. Based on an average trading volume of 1,500 shares, the days-to-cover ratio is presently 1.8 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of Four Leaf Acquisition

Several institutional investors have recently modified their holdings of the stock. Toronto Dominion Bank purchased a new position in Four Leaf Acquisition during the fourth quarter worth about $2,158,000. Virtu Financial LLC lifted its holdings in Four Leaf Acquisition by 47.7% during the 4th quarter. Virtu Financial LLC now owns 27,940 shares of the company’s stock worth $310,000 after buying an additional 9,021 shares in the last quarter. Finally, Berkley W R Corp purchased a new position in Four Leaf Acquisition in the 3rd quarter valued at approximately $1,456,000. Institutional investors and hedge funds own 72.96% of the company’s stock.

Four Leaf Acquisition Stock Up 0.2 %

Shares of FORL stock traded up $0.02 during mid-day trading on Friday, reaching $11.32. The stock had a trading volume of 20 shares, compared to its average volume of 19,911. The business’s fifty day moving average is $11.23 and its 200-day moving average is $11.11. Four Leaf Acquisition has a 1-year low of $10.69 and a 1-year high of $11.34.

Four Leaf Acquisition Company Profile

Four Leaf Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to acquire the Internet of Things business.