Minority Equality Opportunities Acquisition Inc. (NASDAQ:MEOA) Short Interest Update

Minority Equality Opportunities Acquisition Inc. (NASDAQ:MEOAGet Rating) was the recipient of a large drop in short interest in the month of April. As of April 30th, there was short interest totalling 1,300 shares, a drop of 58.1% from the April 15th total of 3,100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 33,700 shares, the days-to-cover ratio is presently 0.0 days.

Minority Equality Opportunities Acquisition stock traded down $0.01 during trading on Friday, reaching $10.03. The company had a trading volume of 50,001 shares, compared to its average volume of 32,404. The firm’s 50-day simple moving average is $10.05 and its 200 day simple moving average is $10.01. Minority Equality Opportunities Acquisition has a 1-year low of $9.91 and a 1-year high of $10.78.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Arena Investors LP acquired a new stake in Minority Equality Opportunities Acquisition during the 1st quarter worth $55,000. Fifth Lane Capital LP acquired a new position in shares of Minority Equality Opportunities Acquisition during the 4th quarter valued at about $499,000. Walleye Trading LLC acquired a new position in shares of Minority Equality Opportunities Acquisition during the 4th quarter valued at about $521,000. Cruiser Capital Advisors LLC acquired a new position in shares of Minority Equality Opportunities Acquisition during the 4th quarter valued at about $648,000. Finally, Walleye Capital LLC acquired a new position in shares of Minority Equality Opportunities Acquisition during the 4th quarter valued at about $727,000. 70.97% of the stock is currently owned by institutional investors.

Minority Equality Opportunities Acquisition Company Profile (Get Rating)

Minority Equality Opportunities Acquisition Inc does not have significant operations. It 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 incorporated in 2021 and is based in Waxahachie, Texas.

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