Altitude 收购公司（纳斯达克股票代码：ALTU）的空头利息减少了58.3％

Altitude Acquisition Corp. (NASDAQ:ALTU – Get Rating) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 9,500 shares, a decrease of 58.3% from the February 28th total of 22,800 shares. Based on an average daily trading volume, of 9,500 shares, the short-interest ratio is currently 1.0 days. Currently, 0.8% of the company's shares are sold short.

Institutional Investors Weigh In On Altitude Acquisition

Several large investors have recently added to or reduced their stakes in the business. Elequin Securities LLC grew its stake in Altitude Acquisition by 320.7% during the fourth quarter. Elequin Securities LLC now owns 2,499 shares of the company's stock worth $25,000 after purchasing an additional 1,905 shares during the period. UBS Group AG acquired a new stake in Altitude Acquisition during the fourth quarter worth approximately $36,000. Radcliffe Capital Management L.P. boosted its holdings in Altitude Acquisition by 1.3% in the first quarter. Radcliffe Capital Management L.P. now owns 447,411 shares of the company's stock worth $4,452,000 after acquiring an additional 5,943 shares in the last quarter. PenderFund Capital Management Ltd. bought a new position in Altitude Acquisition in the first quarter worth approximately $99,000. Finally, Exos TFP Holdings LLC bought a new position in Altitude Acquisition in the fourth quarter worth approximately $88,000. Institutional investors and hedge funds own 24.40% of the company's stock.

Altitude Acquisition Price Performance

NASDAQ ALTU opened at $10.10 on Tuesday. The business has a 50 day simple moving average of $10.05 and a 200 day simple moving average of $9.99. Altitude Acquisition has a one year low of $9.59 and a one year high of $10.42.

About Altitude Acquisition

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Altitude 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 travel, travel technology and travel-related businesses.

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