Technology & Telecommunication Acquisition Co. (NASDAQ:TETE – Get Free Report) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 6,100 shares, a growth of 238.9% from the March 15th total of 1,800 shares. Based on an average daily volume of 17,200 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.
Technology & Telecommunication Acquisition Trading Down 0.1 %
Shares of TETE opened at $11.75 on Thursday. Technology & Telecommunication Acquisition has a one year low of $10.53 and a one year high of $12.25. The stock has a 50 day moving average price of $11.64 and a 200 day moving average price of $11.51.
Institutional Trading of Technology & Telecommunication Acquisition
Large investors have recently made changes to their positions in the company. Centiva Capital LP purchased a new stake in shares of Technology & Telecommunication Acquisition during the second quarter worth approximately $105,000. State Street Corp purchased a new stake in shares of Technology & Telecommunication Acquisition during the second quarter worth approximately $112,000. HRT Financial LP purchased a new stake in shares of Technology & Telecommunication Acquisition during the first quarter worth approximately $191,000. Virtu Financial LLC purchased a new stake in shares of Technology & Telecommunication Acquisition during the fourth quarter worth approximately $209,000. Finally, Deutsche Bank AG purchased a new stake in Technology & Telecommunication Acquisition in the 1st quarter valued at $252,000. 45.39% of the stock is currently owned by hedge funds and other institutional investors.
About Technology & Telecommunication Acquisition
Technology & Telecommunication Acquisition Corporation 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. Technology & Telecommunication Acquisition Corporation was incorporated in 2021 and is headquartered in Kuala Lumpur, Malaysia.
Further Reading
- Five stocks we like better than Technology & Telecommunication Acquisition
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Corporate IT Spending Rebounds Could Push Salesforce Stock Higher
- Industrial Products Stocks Investing
- PriceSmart Could Be the Smartest Buy of the Year
- Airline Stocks – Top Airline Stocks to Buy Now
- Blackstone’s $10 Billion Bet on Property Prices Going Up
Receive News & Ratings for Technology & Telecommunication Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Technology & Telecommunication Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.