ESH Acquisition Corp. (NASDAQ:ESHA) Short Interest Update

ESH Acquisition Corp. (NASDAQ:ESHA) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 10,000 shares, a growth of 53.8% from the October 15th total of 6,500 shares. Based on an average trading volume of 81,700 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On ESH Acquisition

Several institutional investors and hedge funds have recently made changes to their positions in ESHA. Wolverine Asset Management LLC acquired a new position in shares of ESH Acquisition in the 3rd quarter valued at approximately $3,368,000. Cowen AND Company LLC increased its position in shares of ESH Acquisition by 75.4% during the second quarter. Cowen AND Company LLC now owns 159,341 shares of the company’s stock worth $1,660,000 after acquiring an additional 68,502 shares in the last quarter. Tidal Investments LLC raised its holdings in shares of ESH Acquisition by 10.7% during the first quarter. Tidal Investments LLC now owns 40,234 shares of the company’s stock worth $417,000 after acquiring an additional 3,880 shares during the period. Berkley W R Corp raised its holdings in shares of ESH Acquisition by 4.4% during the second quarter. Berkley W R Corp now owns 72,250 shares of the company’s stock worth $754,000 after acquiring an additional 3,013 shares during the period. Finally, Warberg Asset Management LLC lifted its position in ESH Acquisition by 2.9% in the 2nd quarter. Warberg Asset Management LLC now owns 38,700 shares of the company’s stock valued at $403,000 after acquiring an additional 1,096 shares in the last quarter. Institutional investors and hedge funds own 96.64% of the company’s stock.

ESH Acquisition Stock Performance

Shares of NASDAQ ESHA opened at $10.68 on Friday. The firm has a 50 day moving average price of $10.62 and a 200 day moving average price of $10.52. ESH Acquisition has a 52-week low of $10.15 and a 52-week high of $10.70.

ESH Acquisition Company Profile

ESH Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets in the sports, hospitality, and music and entertainment sectors.