TenX Keane Acquisition (NASDAQ:TENK) Short Interest Down 20.0% in May

TenX Keane Acquisition (NASDAQ:TENK) saw a large decrease in short interest in May. As of May 31st, there was short interest totalling 400 shares, a decrease of 20.0% from the May 15th total of 500 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 8,000 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On TenX Keane Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in the company. Virtu Financial LLC acquired a new stake in shares of TenX Keane Acquisition during the 1st quarter valued at approximately $316,000. Mizuho Securities USA LLC raised its position in shares of TenX Keane Acquisition by 6.5% during the 4th quarter. Mizuho Securities USA LLC now owns 522,030 shares of the company’s stock valued at $5,690,000 after acquiring an additional 32,048 shares in the last quarter. Cowen AND Company LLC raised its position in shares of TenX Keane Acquisition by 151.5% during the 4th quarter. Cowen AND Company LLC now owns 71,077 shares of the company’s stock valued at $778,000 after acquiring an additional 42,814 shares in the last quarter. Berkley W R Corp raised its position in shares of TenX Keane Acquisition by 27.5% during the 1st quarter. Berkley W R Corp now owns 530,297 shares of the company’s stock valued at $5,870,000 after acquiring an additional 114,402 shares in the last quarter. Finally, Cable Car Capital LLC acquired a new stake in shares of TenX Keane Acquisition during the 4th quarter valued at approximately $1,368,000. 70.52% of the stock is owned by institutional investors and hedge funds.

TenX Keane Acquisition Stock Performance

Shares of TENK stock remained flat at $11.35 on Friday. The company had a trading volume of 2 shares, compared to its average volume of 21,741. TenX Keane Acquisition has a twelve month low of $10.48 and a twelve month high of $12.03. The stock’s fifty day moving average is $11.22 and its two-hundred day moving average is $11.07.

TenX Keane Acquisition Company Profile

TenX Keane Acquisition 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 intends to focus on target businesses operating in Asia, excluding companies located or operating in mainland China, Hong Kong, or Macau.