Metal Sky Star Acquisition Co. (NASDAQ:MSSA) Short Interest Up 2,100.0% in November

Metal Sky Star Acquisition Co. (NASDAQ:MSSA) was the target of a significant growth in short interest in November. As of November 30th, there was short interest totalling 2,200 shares, a growth of 2,100.0% from the November 15th total of 100 shares. Based on an average daily volume of 3,900 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are short sold.

Metal Sky Star Acquisition Stock Down 1.3 %

MSSA traded down $0.15 during trading on Friday, reaching $11.73. 686 shares of the company’s stock were exchanged, compared to its average volume of 16,977. Metal Sky Star Acquisition has a fifty-two week low of $10.94 and a fifty-two week high of $14.48. The business has a 50 day moving average price of $11.70 and a 200 day moving average price of $11.48.

Institutional Investors Weigh In On Metal Sky Star Acquisition

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

About Metal Sky Star Acquisition

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.