Calisa Acquisition Corp (NASDAQ:ALIS) Short Interest Up 160.4% in June

Calisa Acquisition Corp (NASDAQ:ALIS) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 638 shares, a growth of 160.4% from the May 31st total of 245 shares. Based on an average trading volume of 22,203 shares, the days-to-cover ratio is presently 0.0 days.

Calisa Acquisition Trading Down 0.1%

Shares of NASDAQ ALIS opened at $10.13 on Monday. The business has a 50 day simple moving average of $10.08. Calisa Acquisition has a twelve month low of $9.85 and a twelve month high of $10.17.

Calisa Acquisition (NASDAQ:ALIS) last issued its quarterly earnings results on Wednesday, March 25th. The company reported $0.11 EPS for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Calisa Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Calisa Acquisition presently has an average rating of “Sell”.

Institutional Investors Weigh In On Calisa Acquisition

Hedge funds have recently made changes to their positions in the business. Evercore Wealth Management LLC bought a new position in Calisa Acquisition during the first quarter valued at about $166,000. Virtu Financial LLC bought a new stake in Calisa Acquisition in the fourth quarter worth about $187,000. Berkley W R Corp boosted its stake in Calisa Acquisition by 32.2% in the first quarter. Berkley W R Corp now owns 196,716 shares of the company’s stock valued at $1,968,000 after acquiring an additional 47,931 shares during the last quarter. StoneX Group Inc. bought a new position in shares of Calisa Acquisition during the 4th quarter valued at approximately $837,000. Finally, Boothbay Fund Management LLC bought a new position in shares of Calisa Acquisition during the 4th quarter valued at approximately $894,000.

Calisa Acquisition Company Profile

Calisa Acquisition (NASDAQ: ALIS) is a special purpose acquisition company (SPAC) that is publicly traded on the Nasdaq stock exchange. As a blank‑check vehicle, its primary corporate purpose is to identify, negotiate and complete one or more business combinations, such as mergers, share exchanges, asset acquisitions, or similar transactions that would result in a privately held company becoming publicly listed through the SPAC structure.

Like other SPACs, Calisa Acquisition typically raises capital through an initial public offering and holds those proceeds in a trust account while it evaluates potential target companies.