Vision Sensing Acquisition Corp. (NASDAQ:VSAC) Sees Large Growth in Short Interest

Vision Sensing Acquisition Corp. (NASDAQ:VSAC) was the recipient of a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 2,900 shares, an increase of 20.8% from the May 15th total of 2,400 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 4,200 shares, the short-interest ratio is currently 0.7 days.

Vision Sensing Acquisition Trading Up 0.4 %

NASDAQ:VSAC opened at $11.65 on Monday. Vision Sensing Acquisition has a one year low of $10.65 and a one year high of $11.85. The firm’s fifty day moving average price is $11.50 and its two-hundred day moving average price is $11.26.

Hedge Funds Weigh In On Vision Sensing Acquisition

A hedge fund recently bought a new stake in Vision Sensing Acquisition stock. Cowen AND Company LLC purchased a new stake in Vision Sensing Acquisition Corp. (NASDAQ:VSAC) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 90,000 shares of the company’s stock, valued at approximately $994,000. Cowen AND Company LLC owned approximately 1.95% of Vision Sensing Acquisition as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 27.91% of the company’s stock.

About Vision Sensing Acquisition

Vision Sensing Acquisition Corp. 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 on companies with operations in vision sensing technologies, including hardware chip solutions, VST-related application software, artificial intelligence, and other peripheral technologies that assist to integrate and/or supplement VST applications.