Artemis Strategic Investment Co. (NASDAQ:ARTE – Get Rating) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totalling 2,000 shares, a growth of 66.7% from the April 30th total of 1,200 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 66,500 shares, the short-interest ratio is currently 0.0 days.
Artemis Strategic Investment Price Performance
ARTE stock remained flat at $10.48 during mid-day trading on Friday. 67 shares of the company’s stock traded hands, compared to its average volume of 102,918. The business has a fifty day simple moving average of $10.39 and a 200 day simple moving average of $10.25. Artemis Strategic Investment has a 1 year low of $9.90 and a 1 year high of $10.90.
Institutional Investors Weigh In On Artemis Strategic Investment
Several hedge funds have recently bought and sold shares of the stock. State Street Corp acquired a new stake in shares of Artemis Strategic Investment in the second quarter valued at approximately $122,000. Jane Street Group LLC acquired a new stake in shares of Artemis Strategic Investment in the second quarter valued at approximately $141,000. Clear Street LLC acquired a new stake in shares of Artemis Strategic Investment in the first quarter valued at approximately $258,000. Cowen AND Company LLC acquired a new stake in shares of Artemis Strategic Investment in the first quarter valued at approximately $266,000. Finally, Ergoteles LLC acquired a new stake in shares of Artemis Strategic Investment in the third quarter valued at approximately $349,000. 73.90% of the stock is currently owned by institutional investors and hedge funds.
Artemis Strategic Investment Company Profile
Artemis Strategic Investment Corporation does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying a business combination target within the gaming, hospitality, and entertainment industries.
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