Quantum Leap Acquisition Corp (NYSE:QLEP) Short Interest Update

Quantum Leap Acquisition Corp (NYSE:QLEP) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,730 shares, an increase of 190.8% from the August 15th total of 595 shares. Based on an average daily volume of 63,800 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Quantum Leap Acquisition to a “hold” rating in a report on Saturday, June 27th.

Quantum Leap Acquisition Trading Down 0.1%

Shares of NYSE:QLEP opened at $10.02 on Friday. The company’s fifty day moving average is $10.00. Quantum Leap Acquisition has a 1-year low of $9.93 and a 1-year high of $10.10.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Quantum Leap Acquisition stock. Lineage Point Capital LP acquired a new position in Quantum Leap Acquisition Corp (NYSE:QLEP) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 650,000 shares of the company’s stock, valued at approximately $6,454,000. Quantum Leap Acquisition makes up about 1.3% of Lineage Point Capital LP’s investment portfolio, making the stock its 13th largest holding. Lineage Point Capital LP owned about 2.75% of Quantum Leap Acquisition as of its most recent SEC filing.

About Quantum Leap Acquisition

Quantum Leap Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Quantum Leap Acquisition Corp. is based in Menlo Park, California.