New Vista Acquisition Corp (NASDAQ:NVSAW – Get Rating) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totalling 4,400 shares, a drop of 66.7% from the June 30th total of 13,200 shares. Based on an average daily volume of 13,300 shares, the days-to-cover ratio is currently 0.3 days.
New Vista Acquisition Price Performance
New Vista Acquisition stock remained flat at $0.10 during trading on Thursday. 23,773 shares of the company were exchanged, compared to its average volume of 17,958. New Vista Acquisition has a 1 year low of $0.08 and a 1 year high of $1.16. The business’s fifty day moving average is $0.14.
Institutional Trading of New Vista Acquisition
A hedge fund recently bought a new stake in New Vista Acquisition stock. Saba Capital Management L.P. purchased a new position in shares of New Vista Acquisition Corp (NASDAQ:NVSAW – Get Rating) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 113,931 shares of the company’s stock, valued at approximately $44,000.
- Get a free copy of the StockNews.com research report on New Vista Acquisition (NVSAW)
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