Kairous Acquisition Corp. Limited (NASDAQ:KACL) Short Interest Update

Kairous Acquisition Corp. Limited (NASDAQ:KACL) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 2,600 shares, an increase of 116.7% from the September 30th total of 1,200 shares. Based on an average daily volume of 3,900 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the company’s shares are sold short.

Kairous Acquisition Trading Up 0.3 %

Shares of NASDAQ:KACL traded up $0.04 on Monday, hitting $12.38. The company had a trading volume of 374 shares, compared to its average volume of 13,804. Kairous Acquisition has a 1 year low of $10.94 and a 1 year high of $12.83. The firm’s 50-day simple moving average is $12.21 and its two-hundred day simple moving average is $12.04.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Kairous Acquisition stock. Berkley W R Corp bought a new position in Kairous Acquisition Corp. Limited (NASDAQ:KACL) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 148,566 shares of the company’s stock, valued at approximately $1,747,000. Berkley W R Corp owned about 4.04% of Kairous Acquisition as of its most recent filing with the Securities & Exchange Commission. 36.35% of the stock is owned by hedge funds and other institutional investors.

Kairous Acquisition Company Profile

Kairous Acquisition Corp. Limited 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 intends to focus on opportunities in Asia, excluding China.