Distoken Acquisition Co. (NASDAQ:DIST) Short Interest Up 500.0% in November

Distoken Acquisition Co. (NASDAQ:DIST) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 600 shares, a growth of 500.0% from the October 31st total of 100 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 13,900 shares, the days-to-cover ratio is presently 0.0 days.

Distoken Acquisition Stock Performance

Shares of DIST opened at $11.37 on Thursday. The business has a 50-day moving average of $10.97 and a 200-day moving average of $10.85. Distoken Acquisition has a 1 year low of $10.58 and a 1 year high of $12.35.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Clear Street LLC grew its stake in Distoken Acquisition by 9,908.7% during the second quarter. Clear Street LLC now owns 112,898 shares of the company’s stock valued at $1,217,000 after acquiring an additional 111,770 shares in the last quarter. K2 Principal Fund L.P. bought a new position in shares of Distoken Acquisition in the second quarter worth $1,227,000. Berkley W R Corp raised its position in shares of Distoken Acquisition by 0.6% in the second quarter. Berkley W R Corp now owns 249,515 shares of the company’s stock worth $2,682,000 after buying an additional 1,488 shares in the last quarter. Cowen AND Company LLC boosted its stake in Distoken Acquisition by 65.1% during the second quarter. Cowen AND Company LLC now owns 40,000 shares of the company’s stock valued at $431,000 after buying an additional 15,768 shares during the period. Finally, Mizuho Securities USA LLC boosted its stake in Distoken Acquisition by 1.0% during the third quarter. Mizuho Securities USA LLC now owns 265,155 shares of the company’s stock valued at $2,864,000 after buying an additional 2,600 shares during the period. Institutional investors own 63.68% of the company’s stock.

Distoken Acquisition Company Profile

Distoken Acquisition Corporation does not have significant operations. The company focus on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire businesses in the technology industry in Asia.