Battery Future Acquisition Corp. (NYSE:BFAC) Short Interest Down 83.3% in November

Battery Future Acquisition Corp. (NYSE:BFAC) was the recipient of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 200 shares, a decline of 83.3% from the October 31st total of 1,200 shares. Based on an average daily trading volume, of 9,000 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Trading of Battery Future Acquisition

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Spartan Fund Management Inc. grew its stake in shares of Battery Future Acquisition by 11,925.4% in the second quarter. Spartan Fund Management Inc. now owns 50,747 shares of the company’s stock valued at $561,000 after buying an additional 50,325 shares in the last quarter. Berkley W R Corp lifted its stake in Battery Future Acquisition by 30.6% in the second quarter. Berkley W R Corp now owns 198,180 shares of the company’s stock valued at $2,188,000 after acquiring an additional 46,421 shares during the last quarter. Finally, Mizuho Securities USA LLC grew its position in shares of Battery Future Acquisition by 95.9% in the 3rd quarter. Mizuho Securities USA LLC now owns 313,872 shares of the company’s stock valued at $3,468,000 after acquiring an additional 153,672 shares during the period. Institutional investors and hedge funds own 74.70% of the company’s stock.

Battery Future Acquisition Trading Down 0.0 %

NYSE:BFAC traded down $0.01 on Wednesday, hitting $11.12. 137 shares of the company’s stock were exchanged, compared to its average volume of 44,863. The firm has a 50-day moving average price of $11.11 and a 200-day moving average price of $11.09. Battery Future Acquisition has a 52 week low of $10.78 and a 52 week high of $11.55.

Battery Future Acquisition Company Profile

Battery Future Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to target assets or companies along the battery value chain.