Maquia Capital Acquisition Co. (NASDAQ:MAQC) Short Interest Down 50.0% in May

Maquia Capital Acquisition Co. (NASDAQ:MAQC – Get Rating) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 1,000 shares, a drop of 50.0% from the April 30th total of 2,000 shares. Based on an average trading volume of 16,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Maquia Capital Acquisition

A number of large investors have recently made changes to their positions in the business. RPO LLC boosted its position in shares of Maquia Capital Acquisition by 27.7% during the third quarter. RPO LLC now owns 622,305 shares of the company’s stock valued at $6,432,000 after purchasing an additional 135,144 shares in the last quarter. Periscope Capital Inc. bought a new stake in shares of Maquia Capital Acquisition during the third quarter valued at approximately $1,280,000. Centiva Capital LP raised its stake in Maquia Capital Acquisition by 7.1% during the second quarter. Centiva Capital LP now owns 153,310 shares of the company’s stock valued at $1,567,000 after buying an additional 10,128 shares during the last quarter. Walleye Capital LLC raised its stake in Maquia Capital Acquisition by 1.7% during the first quarter. Walleye Capital LLC now owns 119,440 shares of the company’s stock valued at $1,210,000 after buying an additional 2,000 shares during the last quarter. Finally, Goldman Sachs Group Inc. purchased a new position in Maquia Capital Acquisition during the first quarter valued at $757,000.

Maquia Capital Acquisition Price Performance

Shares of MAQC stock traded down $0.83 during trading hours on Friday, reaching $10.66. The company’s stock had a trading volume of 253 shares, compared to its average volume of 20,684. Maquia Capital Acquisition has a one year low of $10.17 and a one year high of $11.49. The firm’s fifty day simple moving average is $10.78 and its 200 day simple moving average is $10.60.

About Maquia Capital Acquisition

(Get Rating)

Maquia Capital Acquisition Corporation 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 its search on technology-focused middle market and emerging growth companies in North America.