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

ESH Acquisition Corp. (NASDAQ:ESHA) saw a large increase in short interest in October. As of October 31st, there was short interest totalling 10,000 shares, an increase of 53.8% from the October 15th total of 6,500 shares. Based on an average daily trading volume, of 81,700 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

ESH Acquisition Stock Performance

NASDAQ ESHA opened at $10.68 on Friday. ESH Acquisition has a 1-year low of $10.15 and a 1-year high of $10.70. The stock’s 50 day simple moving average is $10.62 and its 200-day simple moving average is $10.52.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ESHA. Mizuho Securities USA LLC lifted its stake in shares of ESH Acquisition by 94.6% in the third quarter. Mizuho Securities USA LLC now owns 509,286 shares of the company’s stock worth $5,378,000 after buying an additional 247,521 shares in the last quarter. Polar Asset Management Partners Inc. boosted its holdings in shares of ESH Acquisition by 63.3% during the 3rd quarter. Polar Asset Management Partners Inc. now owns 489,861 shares of the company’s stock worth $5,197,000 after purchasing an additional 189,861 shares during the last quarter. Berkley W R Corp grew its position in shares of ESH Acquisition by 503.5% in the third quarter. Berkley W R Corp now owns 436,057 shares of the company’s stock valued at $4,627,000 after purchasing an additional 363,807 shares in the last quarter. Crossingbridge Advisors LLC lifted its position in ESH Acquisition by 10.1% during the third quarter. Crossingbridge Advisors LLC now owns 330,815 shares of the company’s stock worth $3,507,000 after buying an additional 30,225 shares in the last quarter. Finally, Wolverine Asset Management LLC acquired a new position in ESH Acquisition during the third quarter worth $3,368,000. Hedge funds and other institutional investors own 96.64% of the company’s stock.

ESH Acquisition Company Profile

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.