Short Interest in CF Acquisition Corp. VII (NASDAQ:CFFS) Rises By 7.7%

CF Acquisition Corp. VII (NASDAQ:CFFS) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,400 shares, an increase of 7.7% from the October 31st total of 1,300 shares. Based on an average daily volume of 23,700 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

CF Acquisition Corp. VII Price Performance

Shares of CFFS opened at $11.25 on Wednesday. CF Acquisition Corp. VII has a 52-week low of $9.73 and a 52-week high of $11.64. The stock’s 50-day simple moving average is $11.13 and its 200 day simple moving average is $11.05.

Institutional Investors Weigh In On CF Acquisition Corp. VII

A number of institutional investors and hedge funds have recently modified their holdings of the company. Wolverine Asset Management LLC purchased a new position in CF Acquisition Corp. VII during the second quarter valued at approximately $38,000. Cowen AND Company LLC purchased a new position in shares of CF Acquisition Corp. VII during the 2nd quarter valued at $242,000. ATW Spac Management LLC bought a new position in shares of CF Acquisition Corp. VII in the third quarter worth $300,000. Quarry LP purchased a new stake in shares of CF Acquisition Corp. VII in the third quarter worth $1,778,000. Finally, K2 Principal Fund L.P. bought a new stake in CF Acquisition Corp. VII during the third quarter valued at $2,884,000. 75.96% of the stock is owned by hedge funds and other institutional investors.

About CF Acquisition Corp. VII

CF Acquisition Corp. VII 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 acquire companies in the financial services, healthcare, real estate services, technology, and software industries.