EGH Acquisition Corp. (NASDAQ:EGHAU) Short Interest Update

EGH Acquisition Corp. (NASDAQ:EGHAU) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 1 shares, a growth of ? from the April 15th total of 0 shares. Based on an average trading volume of 26 shares, the days-to-cover ratio is presently 0.0 days.

EGH Acquisition Price Performance

NASDAQ:EGHAU remained flat at $11.00 during mid-day trading on Monday. EGH Acquisition has a 52 week low of $10.02 and a 52 week high of $11.00. The business has a 50 day moving average of $10.65 and a 200-day moving average of $10.48.

Institutional Investors Weigh In On EGH Acquisition

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. bought a new stake in EGH Acquisition in the second quarter valued at $260,000. UBS Group AG increased its stake in EGH Acquisition by 19.7% in the third quarter. UBS Group AG now owns 465,090 shares of the company’s stock valued at $4,656,000 after purchasing an additional 76,590 shares in the last quarter. Whitebox Advisors LLC bought a new stake in EGH Acquisition in the second quarter valued at $1,528,000. Moore Capital Management LP bought a new stake in EGH Acquisition in the second quarter valued at $1,528,000. Finally, Clear Street Group Inc. bought a new stake in EGH Acquisition in the third quarter valued at $2,696,000.

About EGH Acquisition

EGH Acquisition Corp is a Delaware special purpose acquisition company formed to raise capital through an initial public offering for the purpose of effecting a business combination. Its units began trading on the Nasdaq under the symbol EGHAU in October 2021, and its sole assets consist of the proceeds from its IPO held in a trust account.

The company’s primary activity is to identify and complete a merger, capital stock exchange, share purchase, asset acquisition or other business combination with one or more businesses.