Liberty Media Acquisition Co. (NASDAQ:LMACA) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totalling 175,200 shares, a growth of 29.6% from the August 15th total of 135,200 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 71,300 shares, the short-interest ratio is presently 2.5 days.
Shares of NASDAQ LMACA traded down $0.04 on Monday, hitting $10.10. The company had a trading volume of 505 shares, compared to its average volume of 97,260. Liberty Media Acquisition has a 12-month low of $10.01 and a 12-month high of $11.70. The company has a 50 day moving average price of $10.17.
Hedge funds and other institutional investors have recently modified their holdings of the company. Morgan Stanley lifted its stake in shares of Liberty Media Acquisition by 198.9% in the second quarter. Morgan Stanley now owns 5,617 shares of the company’s stock worth $57,000 after acquiring an additional 3,738 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Liberty Media Acquisition in the first quarter worth about $166,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Liberty Media Acquisition in the second quarter worth about $204,000. Tudor Investment Corp Et Al lifted its stake in shares of Liberty Media Acquisition by 38.4% in the second quarter. Tudor Investment Corp Et Al now owns 85,463 shares of the company’s stock worth $870,000 after acquiring an additional 23,703 shares in the last quarter. Finally, Texas Yale Capital Corp. acquired a new position in shares of Liberty Media Acquisition in the second quarter worth about $255,000. 27.72% of the stock is owned by institutional investors.
Liberty Media Acquisition Corporation 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. The company was founded in 2020 and is based in Englewood, Colorado.
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