WEN Acquisition Corp (NASDAQ:WENNU) Short Interest Update

WEN Acquisition Corp (NASDAQ:WENNU) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 8 shares, a decline of 98.3% from the January 15th total of 480 shares. Based on an average daily volume of 2,363 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 2,363 shares, the short-interest ratio is currently 0.0 days.

WEN Acquisition Stock Down 1.8%

NASDAQ WENNU opened at $10.29 on Thursday. The business has a 50 day simple moving average of $10.30 and a 200 day simple moving average of $10.46. WEN Acquisition has a one year low of $10.23 and a one year high of $11.91.

Institutional Investors Weigh In On WEN Acquisition

Hedge funds have recently added to or reduced their stakes in the company. OMERS ADMINISTRATION Corp purchased a new stake in WEN Acquisition during the 2nd quarter valued at $265,000. Walleye Capital LLC purchased a new position in shares of WEN Acquisition in the 2nd quarter worth about $330,000. Clear Street LLC bought a new position in shares of WEN Acquisition in the second quarter worth approximately $513,000. Hudson Bay Capital Management LP purchased a new stake in WEN Acquisition during the 2nd quarter valued at $985,000. Finally, Berkley W R Corp bought a new stake in WEN Acquisition in the 2nd quarter worth about $1,048,000.

About WEN Acquisition

We are a blank check company incorporated on January 13, 2025 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.