WEN Acquisition Corp (NASDAQ:WENNU) Short Interest Update

WEN Acquisition Corp (NASDAQ:WENNUGet Free Report) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 7 shares, a decline of 72.0% from the May 31st total of 25 shares. Based on an average daily volume of 3,674 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of WEN Acquisition

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WENNU. Clear Street Group Inc. acquired a new position in shares of WEN Acquisition during the 3rd quarter valued at about $1,479,000. Hudson Bay Capital Management LP purchased a new position in shares of WEN Acquisition during the 2nd quarter worth about $985,000. Sculptor Capital LP purchased a new position in shares of WEN Acquisition during the 2nd quarter worth about $4,228,000. Radcliffe Capital Management L.P. acquired a new stake in shares of WEN Acquisition in the second quarter worth approximately $1,402,000. Finally, Shaolin Capital Management LLC acquired a new stake in shares of WEN Acquisition in the second quarter worth approximately $1,679,000.

WEN Acquisition Stock Performance

WEN Acquisition stock opened at $10.41 on Friday. The stock has a fifty day moving average price of $10.40 and a 200 day moving average price of $10.34. WEN Acquisition has a 52 week low of $10.23 and a 52 week high of $11.91.

WEN Acquisition Company Profile

(Get Free Report)

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.

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