TenX Keane Acquisition (NASDAQ:TENK) Short Interest Update

TenX Keane Acquisition (NASDAQ:TENK) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a drop of 50.0% from the March 31st total of 200 shares. Based on an average daily volume of 22,000 shares, the short-interest ratio is currently 0.0 days.

Institutional Investors Weigh In On TenX Keane Acquisition

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mizuho Securities USA LLC raised its holdings in shares of TenX Keane Acquisition by 6.5% during the 4th quarter. Mizuho Securities USA LLC now owns 522,030 shares of the company’s stock valued at $5,690,000 after purchasing an additional 32,048 shares in the last quarter. Berkley W R Corp raised its holdings in shares of TenX Keane Acquisition by 195.0% during the 4th quarter. Berkley W R Corp now owns 415,895 shares of the company’s stock valued at $4,554,000 after purchasing an additional 274,933 shares in the last quarter. Periscope Capital Inc. raised its holdings in shares of TenX Keane Acquisition by 2.3% during the 3rd quarter. Periscope Capital Inc. now owns 341,250 shares of the company’s stock valued at $3,675,000 after purchasing an additional 7,623 shares in the last quarter. Shaolin Capital Management LLC raised its holdings in shares of TenX Keane Acquisition by 195.7% during the 3rd quarter. Shaolin Capital Management LLC now owns 266,508 shares of the company’s stock valued at $2,870,000 after purchasing an additional 545,113 shares in the last quarter. Finally, Kepos Capital LP bought a new position in shares of TenX Keane Acquisition during the 3rd quarter valued at $2,423,000. Hedge funds and other institutional investors own 70.52% of the company’s stock.

TenX Keane Acquisition Price Performance

TENK stock remained flat at $11.12 during midday trading on Friday. 15 shares of the company’s stock were exchanged, compared to its average volume of 655. TenX Keane Acquisition has a 12 month low of $10.41 and a 12 month high of $12.03. The company’s 50-day moving average price is $11.06 and its 200 day moving average price is $10.97.

About TenX Keane Acquisition

TenX Keane Acquisition focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on target businesses operating in Asia, excluding companies located or operating in mainland China, Hong Kong, or Macau.