Target Global Acquisition I Corp. (NASDAQ:TGAA) Short Interest Update

Target Global Acquisition I Corp. (NASDAQ:TGAA) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 1,200 shares, an increase of 100.0% from the June 30th total of 600 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 35,200 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Mizuho Securities USA LLC boosted its holdings in Target Global Acquisition I by 155.7% during the 4th quarter. Mizuho Securities USA LLC now owns 737,064 shares of the company’s stock valued at $8,108,000 after acquiring an additional 448,793 shares during the period. Berkley W R Corp boosted its stake in shares of Target Global Acquisition I by 123.1% during the fourth quarter. Berkley W R Corp now owns 456,210 shares of the company’s stock valued at $5,032,000 after purchasing an additional 251,733 shares during the period. BCK Capital Management LP bought a new position in shares of Target Global Acquisition I in the fourth quarter worth about $615,000. Virtu Financial LLC purchased a new position in Target Global Acquisition I in the 1st quarter worth about $667,000. Finally, K2 Principal Fund L.P. purchased a new position in Target Global Acquisition I in the 1st quarter worth about $1,976,000. Institutional investors own 92.13% of the company’s stock.

Target Global Acquisition I Stock Up 0.4 %

Shares of NASDAQ:TGAA opened at $11.33 on Friday. The company has a 50-day moving average price of $11.37 and a 200 day moving average price of $11.24. Target Global Acquisition I has a 12 month low of $10.64 and a 12 month high of $12.19.

About Target Global Acquisition I

Target Global Acquisition I Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on the consumer internet, mobility, and financial technology sectors.