CSLM Acquisition Corp. (NASDAQ:CSLM) Short Interest Up 333.3% in April

CSLM Acquisition Corp. (NASDAQ:CSLM) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,600 shares, a growth of 333.3% from the March 31st total of 600 shares. Based on an average trading volume of 47,000 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Walleye Capital LLC acquired a new stake in shares of CSLM Acquisition in the third quarter valued at $2,110,000. Meteora Capital LLC acquired a new stake in shares of CSLM Acquisition during the third quarter worth $277,000. Walleye Trading LLC acquired a new stake in shares of CSLM Acquisition during the third quarter worth $886,000. Spartan Fund Management Inc. acquired a new stake in shares of CSLM Acquisition during the third quarter worth $122,000. Finally, Wolverine Asset Management LLC raised its position in shares of CSLM Acquisition by 7.6% during the fourth quarter. Wolverine Asset Management LLC now owns 233,229 shares of the company’s stock worth $2,540,000 after purchasing an additional 16,394 shares during the period. Institutional investors and hedge funds own 46.80% of the company’s stock.

CSLM Acquisition Trading Up 0.1 %

CSLM stock traded up $0.01 during trading on Friday, reaching $11.14. 221,302 shares of the company’s stock were exchanged, compared to its average volume of 70,525. CSLM Acquisition has a 1-year low of $10.39 and a 1-year high of $12.42. The company’s fifty day moving average price is $11.04 and its 200-day moving average price is $10.92.

About CSLM Acquisition

CSLM Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on companies operating in the technology, digital media, e-commerce, financial technology, or digital services sectors.