ESH Acquisition Corp. (NASDAQ:ESHA) Short Interest Update

ESH Acquisition Corp. (NASDAQ:ESHA) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totalling 4,700 shares, a growth of 6.8% from the August 15th total of 4,400 shares. Based on an average trading volume of 37,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

ESH Acquisition Stock Performance

Shares of ESHA remained flat at $10.55 during trading hours on Tuesday. The stock had a trading volume of 62 shares, compared to its average volume of 36,878. ESH Acquisition has a 52-week low of $10.09 and a 52-week high of $10.60. The business’s 50 day moving average price is $10.54 and its two-hundred day moving average price is $10.44.

Hedge Funds Weigh In On ESH Acquisition

A number of large investors have recently added to or reduced their stakes in the company. Condor Capital Management boosted its holdings in shares of ESH Acquisition by 22.4% in the 4th quarter. Condor Capital Management now owns 17,149 shares of the company’s stock valued at $175,000 after buying an additional 3,139 shares in the last quarter. Warberg Asset Management LLC grew its holdings in ESH Acquisition by 2.9% in the second quarter. Warberg Asset Management LLC now owns 38,700 shares of the company’s stock worth $403,000 after purchasing an additional 1,096 shares during the last quarter. Tidal Investments LLC grew its holdings in ESH Acquisition by 10.7% in the first quarter. Tidal Investments LLC now owns 40,234 shares of the company’s stock worth $417,000 after purchasing an additional 3,880 shares during the last quarter. Tuttle Capital Management LLC increased its position in shares of ESH Acquisition by 11.1% during the first quarter. Tuttle Capital Management LLC now owns 50,000 shares of the company’s stock worth $518,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Robinson Capital Management LLC lifted its holdings in shares of ESH Acquisition by 8.1% during the 1st quarter. Robinson Capital Management LLC now owns 51,873 shares of the company’s stock valued at $538,000 after purchasing an additional 3,880 shares during the last quarter. 96.64% of the stock is currently owned by institutional investors.

About ESH Acquisition

ESH Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets in the sports, hospitality, and music and entertainment sectors.