Short Interest in ESH Acquisition Corp. (NASDAQ:ESHA) Rises By 7.4%

ESH Acquisition Corp. (NASDAQ:ESHA) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 5,800 shares, an increase of 7.4% from the September 15th total of 5,400 shares. Based on an average daily volume of 60,600 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Trading of ESH Acquisition

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Mizuho Securities USA LLC purchased a new position in shares of ESH Acquisition during the 1st quarter valued at $2,888,000. Cowen AND Company LLC raised its holdings in shares of ESH Acquisition by 75.4% in the 2nd quarter. Cowen AND Company LLC now owns 159,341 shares of the company’s stock valued at $1,660,000 after acquiring an additional 68,502 shares in the last quarter. Wealthspring Capital LLC boosted its position in shares of ESH Acquisition by 11.2% during the 1st quarter. Wealthspring Capital LLC now owns 168,657 shares of the company’s stock valued at $1,746,000 after acquiring an additional 17,038 shares during the last quarter. Tuttle Capital Management LLC grew its holdings 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, Tidal Investments LLC increased its position in shares of 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. 96.64% of the stock is currently owned by institutional investors.

ESH Acquisition Stock Up 0.1 %

ESH Acquisition stock traded up $0.01 during mid-day trading on Thursday, reaching $10.64. The company’s stock had a trading volume of 1,694 shares, compared to its average volume of 45,487. The firm’s fifty day moving average price is $10.58 and its two-hundred day moving average price is $10.48. ESH Acquisition has a 12-month low of $10.12 and a 12-month high of $10.65.

ESH Acquisition Company Profile

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.