Artemis Strategic Investment Co. (NASDAQ:ARTE) Short Interest Down 20.0% in July

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Artemis Strategic Investment Co. (NASDAQ:ARTE – Get Rating) was the target of a sharp drop in short interest in July. As of July 31, there was selling interest totaling 15,200 shares, down 20.0% from the July 15 total of 19,000 shares. Based on an average daily trading volume of 20,600 shares, the short-term interest rate ratio is currently 0.7 days. About 0.1% of the stock’s shares are sold short.

Artemis strategic investment trades down 0.1%

ARTE stock traded down $0.01 during Friday’s session, hitting $9.99. The company’s shares had a trading volume of 11,439 shares, compared to an average trading volume of 29,728. Artemis Strategic Investment has a 1-year low of $9.70 and a 1-year high of $10.17. The company’s fifty-day moving average is $9.96 and its 200-day moving average is $9.94.

Institutional entries and exits

Several hedge funds and other institutional investors have recently changed their positions in ARTE. Robinson Capital Management LLC bought a new stock position in Artemis Strategic Investment during Q2, valued at approximately $46,000. Spartan Fund Management Inc. purchased a new stock position in Artemis Strategic Investment during Q1 worth approximately $312,000. Radcliffe Capital Management LP bought a new equity position in Artemis Strategic Investment during Q1, valued at approximately $499,000. Walleye Capital LLC purchased a new stock position in Artemis Strategic Investment during Q4, valued at approximately $733,000. Finally, Taconic Capital Advisors LP bought a new stock position in Artemis Strategic Investment in Q1 worth approximately $2,495,000. Institutional investors hold 80.09% of the company’s shares.

Artemis Strategic Investment Company Profile

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Artemis Strategic Investment Corporation has no significant activities. The Company intends to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It focuses on identifying a business combination target in the gaming, hospitality and entertainment industries.

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