Short Interest in Scion Tech Growth I (NASDAQ:SCOA) Decreases By 54.2%

Scion Tech Growth I (NASDAQ:SCOAGet Rating) was the target of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 14,000 shares, a decline of 54.2% from the March 31st total of 30,600 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 100,000 shares, the short-interest ratio is presently 0.1 days.

Shares of SCOA stock opened at $9.85 on Friday. The company has a 50-day simple moving average of $9.82 and a 200 day simple moving average of $9.79. Scion Tech Growth I has a 52 week low of $9.62 and a 52 week high of $9.95.

Several hedge funds have recently made changes to their positions in SCOA. Integrity Capital Management HK Ltd bought a new stake in shares of Scion Tech Growth I during the 1st quarter worth about $45,000. Cohanzick Management LLC bought a new stake in shares of Scion Tech Growth I during the 3rd quarter worth about $54,000. PenderFund Capital Management Ltd. boosted its holdings in shares of Scion Tech Growth I by 966.7% during the 4th quarter. PenderFund Capital Management Ltd. now owns 6,400 shares of the company’s stock worth $79,000 after buying an additional 5,800 shares during the period. Dark Forest Capital Management LP bought a new stake in shares of Scion Tech Growth I during the 3rd quarter worth about $129,000. Finally, Penserra Capital Management LLC boosted its holdings in shares of Scion Tech Growth I by 16.4% during the 3rd quarter. Penserra Capital Management LLC now owns 15,962 shares of the company’s stock worth $155,000 after buying an additional 2,254 shares during the period.

About Scion Tech Growth I (Get Rating)

ScION Tech Growth I is a blank check company. The company was incorporated in 2020 and is based in London, United Kingdom.

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