Liberty Media Acquisition Co. (NASDAQ:LMACA) Short Interest Up 29.6% in August

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 Company Profile

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.

Featured Article: What Are Cryptocurrencies?

Receive News & Ratings for Liberty Media Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Liberty Media Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.