Short Interest in Metal Sky Star Acquisition Co. (NASDAQ:MSSA) Decreases By 45.5%

Metal Sky Star Acquisition Co. (NASDAQ:MSSA) saw a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 1,200 shares, a drop of 45.5% from the November 30th total of 2,200 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Metal Sky Star Acquisition stock. Clear Street LLC lifted its stake in Metal Sky Star Acquisition Co. (NASDAQ:MSSA) by 3.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,871 shares of the company’s stock after acquiring an additional 1,335 shares during the period. Clear Street LLC owned approximately 0.64% of Metal Sky Star Acquisition worth $464,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 49.73% of the company’s stock.

Metal Sky Star Acquisition Stock Performance

Metal Sky Star Acquisition stock opened at $11.73 on Friday. The business’s 50-day simple moving average is $11.75 and its 200-day simple moving average is $11.51. Metal Sky Star Acquisition has a 52 week low of $10.94 and a 52 week high of $14.48.

Metal Sky Star Acquisition Company Profile

Metal Sky Star Acquisition Corporation does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.