ESH Acquisition Corp. (NASDAQ:ESHA) Short Interest Up 53.8% in October

ESH Acquisition Corp. (NASDAQ:ESHA) was the target of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 10,000 shares, a growth of 53.8% from the October 15th total of 6,500 shares. Based on an average daily volume of 81,700 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Mizuho Securities USA LLC acquired a new position in ESH Acquisition during the 1st quarter worth approximately $2,888,000. Robinson Capital Management LLC grew its position in ESH Acquisition by 8.1% in the first quarter. Robinson Capital Management LLC now owns 51,873 shares of the company’s stock valued at $538,000 after purchasing an additional 3,880 shares in the last quarter. Tidal Investments LLC increased its stake in ESH Acquisition by 10.7% in the 1st quarter. Tidal Investments LLC now owns 40,234 shares of the company’s stock valued at $417,000 after buying an additional 3,880 shares during the last quarter. Cowen AND Company LLC lifted its position in ESH Acquisition by 75.4% during the 2nd quarter. Cowen AND Company LLC now owns 159,341 shares of the company’s stock worth $1,660,000 after buying an additional 68,502 shares in the last quarter. Finally, Warberg Asset Management LLC boosted its stake in shares of ESH Acquisition by 2.9% during the 2nd quarter. Warberg Asset Management LLC now owns 38,700 shares of the company’s stock worth $403,000 after buying an additional 1,096 shares during the last quarter. Institutional investors own 96.64% of the company’s stock.

ESH Acquisition Stock Performance

NASDAQ:ESHA traded up $0.01 on Thursday, hitting $10.69. 68,497 shares of the stock were exchanged, compared to its average volume of 54,222. The company’s 50-day moving average price is $10.62 and its 200 day moving average price is $10.52. ESH Acquisition has a 52 week low of $10.15 and a 52 week high of $10.70.

About ESH Acquisition

ESH Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other similar business combination with one or more operating businesses or assets in the sports, hospitality, and music and entertainment sectors.