Distoken Acquisition Co. (NASDAQ:DIST) Short Interest Update

Distoken Acquisition Co. (NASDAQ:DIST) saw a large decrease in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the October 15th total of 200 shares. Based on an average daily trading volume, of 16,400 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Berkley W R Corp raised its holdings in shares of Distoken Acquisition by 0.6% during the 2nd quarter. Berkley W R Corp now owns 249,515 shares of the company’s stock valued at $2,682,000 after purchasing an additional 1,488 shares in the last quarter. Mizuho Securities USA LLC raised its holdings in shares of Distoken Acquisition by 1.0% during the 3rd quarter. Mizuho Securities USA LLC now owns 265,155 shares of the company’s stock valued at $2,864,000 after purchasing an additional 2,600 shares in the last quarter. Periscope Capital Inc. raised its holdings in shares of Distoken Acquisition by 3.2% during the 1st quarter. Periscope Capital Inc. now owns 154,734 shares of the company’s stock valued at $1,665,000 after purchasing an additional 4,734 shares in the last quarter. Cowen AND Company LLC raised its holdings in shares of Distoken Acquisition by 65.1% during the 2nd quarter. Cowen AND Company LLC now owns 40,000 shares of the company’s stock valued at $431,000 after purchasing an additional 15,768 shares in the last quarter. Finally, Karpus Management Inc. raised its holdings in shares of Distoken Acquisition by 40.2% during the 1st quarter. Karpus Management Inc. now owns 358,197 shares of the company’s stock valued at $3,854,000 after purchasing an additional 102,656 shares in the last quarter. Institutional investors own 63.68% of the company’s stock.

Distoken Acquisition Stock Up 1.0 %

DIST stock traded up $0.11 during midday trading on Wednesday, reaching $11.16. The company had a trading volume of 718 shares, compared to its average volume of 19,717. Distoken Acquisition has a 1 year low of $10.56 and a 1 year high of $12.35. The company has a 50 day moving average of $10.90 and a two-hundred day moving average of $10.82.

Distoken Acquisition Company Profile

Distoken Acquisition Corporation does not have significant operations. The company focus on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It intends to acquire businesses in the technology industry in Asia.