M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) Short Interest Update

M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 231,486 shares, an increase of 75.7% from the February 26th total of 131,764 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 28,351 shares, the short-interest ratio is presently 8.2 days.

Institutional Trading of M3-Brigade Acquisition V

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Saba Capital Management L.P. bought a new position in shares of M3-Brigade Acquisition V in the fourth quarter worth approximately $151,000. Hudson Bay Capital Management LP bought a new stake in M3-Brigade Acquisition V during the 4th quarter valued at $159,000. Prelude Capital Management LLC purchased a new stake in M3-Brigade Acquisition V during the 3rd quarter valued at $281,000. Sandia Investment Management LP purchased a new stake in M3-Brigade Acquisition V during the 2nd quarter valued at $334,000. Finally, Clear Street LLC grew its holdings in M3-Brigade Acquisition V by 2,280.8% in the 2nd quarter. Clear Street LLC now owns 32,069 shares of the company’s stock worth $362,000 after acquiring an additional 30,722 shares during the last quarter.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Wall Street Zen raised M3-Brigade Acquisition V to a “sell” rating in a research note on Saturday, March 14th. Weiss Ratings restated a “sell (d-)” rating on shares of M3-Brigade Acquisition V in a report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

M3-Brigade Acquisition V Stock Up 0.1%

Shares of MBAV traded up $0.01 during trading hours on Friday, hitting $10.78. The company had a trading volume of 163,742 shares, compared to its average volume of 101,076. M3-Brigade Acquisition V has a 52-week low of $10.19 and a 52-week high of $13.73. The stock’s 50 day moving average price is $10.69 and its 200 day moving average price is $10.64.

About M3-Brigade Acquisition V

M3-Brigade Acquisition V is a special purpose acquisition company (SPAC) sponsored by M3 Inc, a global healthcare information and technology provider, and Brigade Capital Management, an investment management firm. The company is structured as a blank‐check vehicle listed on the Nasdaq Stock Market under the ticker MBAV, with the objective of identifying and completing a business combination in the healthcare, life sciences or related sectors.

The company benefits from the operational expertise of M3’s digital health platform and real‐world data capabilities, combined with Brigade’s deep experience in credit and asset management.