M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) Short Interest Update

M3-Brigade Acquisition V Corp. (NASDAQ:MBAV) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 8,994 shares, a decline of 97.2% from the June 30th total of 316,916 shares. Based on an average daily trading volume, of 186,077 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

M3-Brigade Acquisition V Price Performance

MBAV traded up $0.15 during trading on Friday, reaching $11.29. The stock had a trading volume of 237 shares, compared to its average volume of 161,793. The stock’s 50 day moving average is $10.83 and its two-hundred day moving average is $10.76. M3-Brigade Acquisition V has a one year low of $9.10 and a one year high of $11.96.

M3-Brigade Acquisition V (NASDAQ:MBAV) last announced its earnings results on Thursday, May 14th. The company reported $0.05 EPS for the quarter.

Analyst Ratings Changes

Several analysts have commented on the stock. Weiss Ratings restated a “sell (d)” rating on shares of M3-Brigade Acquisition V in a report on Wednesday, June 24th. Wall Street Zen upgraded M3-Brigade Acquisition V to a “sell” rating in a report on Saturday, June 27th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has an average rating of “Sell”.

Institutional Investors Weigh In On M3-Brigade Acquisition V

Several hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC purchased a new stake in M3-Brigade Acquisition V in the second quarter worth about $1,978,000. JPMorgan Chase & Co. bought a new position in shares of M3-Brigade Acquisition V during the second quarter valued at approximately $900,000. Shaolin Capital Management LLC lifted its holdings in shares of M3-Brigade Acquisition V by 252.7% during the second quarter. Shaolin Capital Management LLC now owns 90,000 shares of the company’s stock valued at $1,016,000 after purchasing an additional 64,485 shares during the last quarter. TENOR CAPITAL MANAGEMENT Co. L.P. lifted its holdings in shares of M3-Brigade Acquisition V by 200.0% during the second quarter. TENOR CAPITAL MANAGEMENT Co. L.P. now owns 750,000 shares of the company’s stock valued at $8,468,000 after purchasing an additional 500,000 shares during the last quarter. Finally, Sandia Investment Management LP purchased a new position in shares of M3-Brigade Acquisition V during the second quarter valued at approximately $334,000.

About M3-Brigade Acquisition V

M3-Brigade Acquisition V is a special purpose acquisition company (SPAC) sponsored by M3 Inc, a global healthcare information and technology provider, and Brigade Capital Management, an investment management firm. The company is structured as a blank?check vehicle listed on the Nasdaq Stock Market under the ticker MBAV, with the objective of identifying and completing a business combination in the healthcare, life sciences or related sectors.

The company benefits from the operational expertise of M3’s digital health platform and real?world data capabilities, combined with Brigade’s deep experience in credit and asset management.