From MarketBeat:

Target Global Acquisition I Corp. (NASDAQ:TGAA) saw a 66.7% drop in short interest in December, with only 200 shares shorted. Currently, 0.0% of the company’s stock is short sold. Based on a daily average volume of 28,800 shares, the short-interest ratio is 0.0 days.

Shares of TGAA traded up $0.06, reaching $11.16. The company’s stock had a trading volume of 2,383 shares and has a 12-month low of $10.29 and a 12-month high of $12.19.

Hedge funds and other institutional investors have modified their holdings of the stock, with Spartan Fund Management Inc. growing its stake by 76.7% and UBS Group AG lifting its holdings by an impressive 2,273.8%.

Target Global Acquisition I Corp. does not have significant operations and focuses on effecting a merger, share exchange, or other business combination with businesses or entities in consumer internet, mobility, or financial technology sectors. 14.28% of the stock is currently owned by hedge funds and other institutional investors.



Read more: Target Global Acquisition I Corp. (NASDAQ:TGAA) Short Interest Update