Capitalworks Emerging Markets Acquisition Corp (NASDAQ:CMCA) Sees Large Growth in Short Interest

Capitalworks Emerging Markets Acquisition Corp (NASDAQ:CMCA) saw a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,100 shares, a growth of 266.7% from the February 29th total of 300 shares. Based on an average daily volume of 27,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Capitalworks Emerging Markets Acquisition

Several large investors have recently modified their holdings of the stock. PEAK6 Investments LLC bought a new position in Capitalworks Emerging Markets Acquisition during the first quarter worth about $199,000. Schonfeld Strategic Advisors LLC increased its position in Capitalworks Emerging Markets Acquisition by 25.0% during the first quarter. Schonfeld Strategic Advisors LLC now owns 25,000 shares of the company’s stock worth $262,000 after acquiring an additional 5,000 shares during the period. Glazer Capital LLC bought a new position in Capitalworks Emerging Markets Acquisition in the 1st quarter valued at about $270,000. Virtu Financial LLC raised its position in shares of Capitalworks Emerging Markets Acquisition by 83.7% in the 4th quarter. Virtu Financial LLC now owns 57,067 shares of the company’s stock valued at $590,000 after buying an additional 25,998 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD acquired a new position in shares of Capitalworks Emerging Markets Acquisition in the 4th quarter valued at approximately $1,144,000. 44.92% of the stock is owned by institutional investors.

Capitalworks Emerging Markets Acquisition Price Performance

Shares of CMCA remained flat at $11.01 during trading hours on Friday. 10 shares of the stock traded hands, compared to its average volume of 649. The stock has a 50 day moving average price of $11.01 and a two-hundred day moving average price of $10.90. Capitalworks Emerging Markets Acquisition has a 52 week low of $10.39 and a 52 week high of $11.77.

Capitalworks Emerging Markets Acquisition Company Profile

Capitalworks Emerging Markets Acquisition Corp does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to search on companies operating in consumer and consumer technology; financial and business services; healthcare and technology; and media and telecom sectors.