Short Interest in Integrated Wellness Acquisition Corp (NYSE:WEL) Expands By 50.0%

Integrated Wellness Acquisition Corp (NYSE:WEL) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 900 shares, a growth of 50.0% from the August 15th total of 600 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

Integrated Wellness Acquisition Stock Performance

Shares of Integrated Wellness Acquisition stock remained flat at $11.76 on Monday. 6 shares of the stock were exchanged, compared to its average volume of 14,076. The firm’s 50 day simple moving average is $11.69 and its 200 day simple moving average is $11.55. Integrated Wellness Acquisition has a 12 month low of $10.91 and a 12 month high of $12.41.

Hedge Funds Weigh In On Integrated Wellness Acquisition

Several hedge funds and other institutional investors have recently modified their holdings of the business. Cantor Fitzgerald L. P. bought a new stake in shares of Integrated Wellness Acquisition during the 4th quarter valued at approximately $1,773,000. Quarry LP acquired a new position in shares of Integrated Wellness Acquisition during the fourth quarter worth $631,000. Berkley W R Corp lifted its stake in shares of Integrated Wellness Acquisition by 50.2% in the 1st quarter. Berkley W R Corp now owns 297,659 shares of the company’s stock valued at $3,387,000 after acquiring an additional 99,480 shares during the last quarter. Logan Stone Capital LLC acquired a new stake in shares of Integrated Wellness Acquisition during the 2nd quarter valued at $341,000. Finally, Spartan Fund Management Inc. grew its position in Integrated Wellness Acquisition by 9.7% during the 2nd quarter. Spartan Fund Management Inc. now owns 121,134 shares of the company’s stock worth $1,403,000 after acquiring an additional 10,728 shares during the last quarter. Institutional investors own 82.03% of the company’s stock.

About Integrated Wellness Acquisition

Integrated Wellness Acquisition Corp does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities in the health, nutrition, fitness, wellness, and beauty sectors.