NightDragon Acquisition Corp. (NASDAQ:NDAC) Short Interest Down 65.9% in December

NightDragon Acquisition Corp. (NASDAQ:NDAC) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 1,500 shares, a drop of 65.9% from the December 15th total of 4,400 shares. Based on an average daily volume of 61,700 shares, the short-interest ratio is currently 0.0 days.

Several large investors have recently bought and sold shares of the company. Apollo Management Holdings L.P. bought a new position in NightDragon Acquisition during the third quarter worth about $975,000. Jane Street Group LLC acquired a new stake in shares of NightDragon Acquisition in the third quarter valued at about $3,089,000. Millennium Management LLC increased its position in shares of NightDragon Acquisition by 0.9% in the third quarter. Millennium Management LLC now owns 1,967,947 shares of the company’s stock valued at $19,227,000 after acquiring an additional 17,369 shares during the last quarter. Citadel Advisors LLC increased its position in shares of NightDragon Acquisition by 75.9% in the third quarter. Citadel Advisors LLC now owns 708,318 shares of the company’s stock valued at $6,921,000 after acquiring an additional 305,719 shares during the last quarter. Finally, CNH Partners LLC acquired a new position in NightDragon Acquisition during the third quarter worth approximately $536,000.

NASDAQ NDAC opened at $9.73 on Friday. The stock has a fifty day moving average of $9.78 and a 200-day moving average of $9.76. NightDragon Acquisition has a 52 week low of $9.64 and a 52 week high of $11.11.

About NightDragon Acquisition

NightDragon Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in San Francisco, California.

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