Portage Fintech Acquisition Co. (NASDAQ:PFTA) Short Interest Update

Portage Fintech Acquisition Co. (NASDAQ:PFTA – Get Rating) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 10,600 shares, a growth of 20.5% from the May 31st total of 8,800 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 81,900 shares, the short-interest ratio is presently 0.1 days.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Cantor Fitzgerald L. P. grew its stake in Portage Fintech Acquisition by 98.6% during the first quarter. Cantor Fitzgerald L. P. now owns 201,200 shares of the company’s stock valued at $1,974,000 after acquiring an additional 99,900 shares in the last quarter. SkyView Investment Advisors LLC bought a new stake in Portage Fintech Acquisition during the first quarter valued at approximately $1,850,000. Radcliffe Capital Management L.P. bought a new stake in Portage Fintech Acquisition during the first quarter valued at approximately $1,123,000. Apollo Management Holdings L.P. bought a new stake in Portage Fintech Acquisition during the first quarter valued at approximately $981,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new stake in shares of Portage Fintech Acquisition in the 1st quarter worth approximately $214,000. Hedge funds and other institutional investors own 65.39% of the company’s stock.

Get Portage Fintech Acquisition alerts:

NASDAQ PFTA opened at $9.70 on Wednesday. Portage Fintech Acquisition has a 52-week low of $9.60 and a 52-week high of $10.00. The company has a 50-day simple moving average of $9.70 and a 200 day simple moving average of $9.71.

Portage Fintech Acquisition Company Profile (Get Rating)

Portage Fintech Acquisition Corporation intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in the financial technology or financial services ecosystem. The company was incorporated in 2021 and is based in New York, New York.

Recommended Stories

• Get a free copy of the StockNews.com research report on Portage Fintech Acquisition (PFTA)
• 3 Home Improvement Stocks That Can Renovate Your Portfolio
• Get Defensive With These Three Upgrades 
• Looking to Dump These 3 Possible Delisted Chinese Stocks? Let’s Take a Look.
• Vera Bradley Stock Getting Cheap
• 3 Education Stocks to Enroll in This Summer

Receive News & Ratings for Portage Fintech Acquisition Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Portage Fintech Acquisition and related companies with MarketBeat.com’s FREE daily email newsletter.

Original Source