Short Interest in Target Global Acquisition I Corp. (NASDAQ:TGAA) Grows By 58.3%

Target Global Acquisition I Corp. (NASDAQ:TGAA) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 1,900 shares, an increase of 58.3% from the July 15th total of 1,200 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 35,300 shares, the short-interest ratio is presently 0.1 days.

Target Global Acquisition I Stock Performance

Shares of NASDAQ TGAA remained flat at $11.29 during trading hours on Friday. 96 shares of the company traded hands, compared to its average volume of 41,004. Target Global Acquisition I has a fifty-two week low of $10.75 and a fifty-two week high of $12.19. The business’s 50 day moving average is $11.36 and its 200 day moving average is $11.25.

Institutional Trading of Target Global Acquisition I

Several hedge funds have recently added to or reduced their stakes in the business. Mizuho Securities USA LLC lifted its holdings in shares of Target Global Acquisition I by 155.7% during the fourth quarter. Mizuho Securities USA LLC now owns 737,064 shares of the company’s stock worth $8,108,000 after buying an additional 448,793 shares during the last quarter. Berkley W R Corp raised its stake in shares of Target Global Acquisition I by 123.1% in the 4th quarter. Berkley W R Corp now owns 456,210 shares of the company’s stock valued at $5,032,000 after buying an additional 251,733 shares in the last quarter. K2 Principal Fund L.P. bought a new position in shares of Target Global Acquisition I during the 1st quarter worth about $1,976,000. Virtu Financial LLC acquired a new stake in shares of Target Global Acquisition I during the 1st quarter valued at about $667,000. Finally, BCK Capital Management LP bought a new stake in Target Global Acquisition I in the fourth quarter valued at about $615,000. Institutional investors own 92.13% of the company’s stock.

About Target Global Acquisition I

Target Global Acquisition I Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on the consumer internet, mobility, and financial technology sectors.