Vision Sensing Acquisition Corp. (NASDAQ:VSAC) Sees Large Decline in Short Interest

Vision Sensing Acquisition Corp. (NASDAQ:VSAC) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totalling 300 shares, a decrease of 88.0% from the June 30th total of 2,500 shares. Based on an average trading volume of 1,700 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Vision Sensing Acquisition

A hedge fund recently raised its stake in Vision Sensing Acquisition stock. Mizuho Securities USA LLC grew its holdings in shares of Vision Sensing Acquisition Corp. (NASDAQ:VSAC) by 71.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 79,120 shares of the company’s stock after purchasing an additional 32,964 shares during the quarter. Mizuho Securities USA LLC owned about 1.71% of Vision Sensing Acquisition worth $870,000 as of its most recent filing with the Securities and Exchange Commission. 27.91% of the stock is owned by hedge funds and other institutional investors.

Vision Sensing Acquisition Stock Performance

Shares of NASDAQ:VSAC remained flat at $11.66 during mid-day trading on Thursday. 123 shares of the company traded hands, compared to its average volume of 1,146. Vision Sensing Acquisition has a fifty-two week low of $10.69 and a fifty-two week high of $11.85. The firm’s 50-day simple moving average is $11.59 and its 200 day simple moving average is $11.36.

Vision Sensing Acquisition Company Profile

Vision Sensing 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 focus on companies with operations in vision sensing technologies, including hardware chip solutions, VST-related application software, artificial intelligence, and other peripheral technologies that assist to integrate and/or supplement VST applications.