Short Interest in Catcha Investment Corp (NYSE:CHAA) Rises By 229.4%

Catcha Investment Corp (NYSE:CHAA) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totalling 5,600 shares, an increase of 229.4% from the August 15th total of 1,700 shares. Based on an average daily trading volume, of 59,400 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Shares of CHAA remained flat at $$9.71 during trading hours on Thursday. 99 shares of the stock traded hands, compared to its average volume of 84,376. Catcha Investment has a 52 week low of $9.59 and a 52 week high of $10.25. The company has a fifty day moving average price of $9.68.

Several institutional investors and hedge funds have recently bought and sold shares of CHAA. RP Investment Advisors LP grew its holdings in Catcha Investment by 98.9% in the second quarter. RP Investment Advisors LP now owns 1,712,829 shares of the company’s stock worth $16,529,000 after purchasing an additional 851,667 shares during the period. Goldman Sachs Group Inc. grew its holdings in Catcha Investment by 1,512.6% in the second quarter. Goldman Sachs Group Inc. now owns 209,637 shares of the company’s stock worth $2,025,000 after purchasing an additional 196,637 shares during the period. Bank of America Corp DE acquired a new stake in Catcha Investment in the second quarter worth $966,000. Arena Capital Advisors LLC CA acquired a new stake in Catcha Investment in the second quarter worth $933,000. Finally, OLD Mission Capital LLC acquired a new stake in Catcha Investment in the second quarter worth $109,000. Institutional investors own 42.00% of the company’s stock.

Catcha Investment Company Profile

Catcha Investment Corp is a blank check company. The company was incorporated in 2020 and is based in Kuala Lumpur, Malaysia.

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