TenX Keane Acquisition (NASDAQ:TENK) Short Interest Update

TenX Keane Acquisition (NASDAQ:TENK) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 100 shares, a decrease of 50.0% from the March 31st total of 200 shares. Based on an average daily trading volume, of 22,000 shares, the days-to-cover ratio is currently 0.0 days.

TenX Keane Acquisition Stock Performance

TENK stock remained flat at $11.12 on Friday. The company had a trading volume of 15 shares, compared to its average volume of 655. TenX Keane Acquisition has a 12-month low of $10.41 and a 12-month high of $12.03. The firm’s 50-day moving average price is $11.06 and its two-hundred day moving average price is $10.97.

Institutional Investors Weigh In On TenX Keane Acquisition

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Cowen AND Company LLC acquired a new position in TenX Keane Acquisition in the 3rd quarter valued at $304,000. Cable Car Capital LLC acquired a new position in TenX Keane Acquisition in the 4th quarter valued at $1,368,000. Spartan Fund Management Inc. acquired a new position in TenX Keane Acquisition in the 1st quarter valued at $1,827,000. HGC Investment Management Inc. acquired a new position in TenX Keane Acquisition in the 4th quarter valued at $2,079,000. Finally, Kepos Capital LP acquired a new position in TenX Keane Acquisition in the 3rd quarter valued at $2,423,000. Hedge funds and other institutional investors own 70.52% of the company’s stock.

TenX Keane Acquisition Company Profile

TenX Keane Acquisition focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on target businesses operating in Asia, excluding companies located or operating in mainland China, Hong Kong, or Macau.