Plum Acquisition Corp. III (NASDAQ:PLMJ) Short Interest Update

Plum Acquisition Corp. III (NASDAQ:PLMJ) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 1,600 shares, a drop of 46.7% from the November 30th total of 3,000 shares. Based on an average daily volume of 12,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Plum Acquisition Corp. III

Several institutional investors and hedge funds have recently bought and sold shares of PLMJ. Walleye Trading LLC purchased a new stake in shares of Plum Acquisition Corp. III during the third quarter worth $280,000. Tidal Investments LLC bought a new position in Plum Acquisition Corp. III during the third quarter valued at approximately $396,000. Walleye Capital LLC acquired a new stake in Plum Acquisition Corp. III in the third quarter valued at approximately $538,000. Virtu Financial LLC bought a new stake in Plum Acquisition Corp. III in the third quarter worth approximately $865,000. Finally, K2 Principal Fund L.P. bought a new position in shares of Plum Acquisition Corp. III during the 3rd quarter valued at $1,197,000. Hedge funds and other institutional investors own 82.20% of the company’s stock.

Plum Acquisition Corp. III Price Performance

NASDAQ PLMJ traded up $0.01 on Friday, hitting $11.10. 201 shares of the company were exchanged, compared to its average volume of 33,663. Plum Acquisition Corp. III has a twelve month low of $10.50 and a twelve month high of $12.04. The company’s 50 day moving average price is $11.07 and its 200-day moving average price is $10.92.

Plum Acquisition Corp. III Company Profile

Plum Acquisition Corp. III does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses. The company was formerly known as Alpha Partners Technology Merger Corp.