Sagaliam Acquisition Corp. ( NASDAQ:SAGA – Get Rating ) was the target of a large decrease in short interest in May. As of May 31st, there was short interest totalling 1,800 shares, a decrease of 33.3% from the May 15th total of 2,700 shares. Currently, 0.1% of the company's stock are sold short. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is presently 1.6 days. Institutional Inflows and Outflows Institutional investors and hedge funds have recently added to or reduced their stakes in the stock.

https://www.dailypolitical.com/2023/06/16/short-interest-in-sagaliam-acquisition-corp-nasdaqsaga-decreases-by-33-3.html

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