Four Leaf Acquisition Co. (NASDAQ:FORL) Short Interest Update

Four Leaf Acquisition Co. (NASDAQ:FORL) was the recipient of a large decrease in short interest in the month of March. As of March 15th, there was short interest totalling 2,700 shares, a decrease of 54.2% from the February 28th total of 5,900 shares. Based on an average trading volume of 1,500 shares, the short-interest ratio is presently 1.8 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of Four Leaf Acquisition

Several hedge funds and other institutional investors have recently modified their holdings of FORL. Toronto Dominion Bank bought a new position in Four Leaf Acquisition in the 4th quarter worth approximately $2,158,000. Berkley W R Corp purchased a new stake in shares of Four Leaf Acquisition during the third quarter worth $1,456,000. Finally, Virtu Financial LLC boosted its holdings in shares of Four Leaf Acquisition by 47.7% in the fourth quarter. Virtu Financial LLC now owns 27,940 shares of the company’s stock worth $310,000 after acquiring an additional 9,021 shares during the period. Institutional investors own 72.96% of the company’s stock.

Four Leaf Acquisition Stock Performance

Shares of NASDAQ FORL remained flat at $11.30 during trading on Friday. Four Leaf Acquisition has a fifty-two week low of $10.69 and a fifty-two week high of $11.34. The firm has a 50-day moving average price of $11.23 and a 200-day moving average price of $11.11.

Four Leaf Acquisition Company Profile

Four Leaf Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to acquire the Internet of Things business.