BYTE Acquisition Corp. ( NASDAQ:BYTS – Get Rating ) was the target of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 4,500 shares, a drop of 37.5% from the March 15th total of 7,200 shares. Based on an average daily trading volume, of 76,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. Hedge Funds Weigh In On BYTE Acquisition Several hedge funds and other institutional investors have recently modified their holdings of the stock.

https://www.dailypolitical.com/2023/04/16/byte-acquisition-corp-nasdaqbyts-short-interest-down-37-5-in-march.html

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