Short Interest in Distoken Acquisition Co. (NASDAQ:DISTW) Drops By 30.8%

decrease of 99.1% from the May 15th total of 109,600 shares. The company was the target of a large decrease in short interest.

( ) saw a significant drop in short interest for the month of may. On May 31, there were 900 shorted shares. This is a drop of 30,8% from May 15th's total of 1,300. The short-interest rate is currently 0.0 based on an average trading volume 40,800 shares.

Trading Institutional Distokens

A recent purchase by an institutional investor of Distoken Acquisition stock was made. The Securities and Exchange Commission's (SEC) most recent Form 13F shows that the company sold approximately $5,134,000.00 worth of stock during the first quarter. The institutional investor bought 1,100,000 of the company’s stock valued at $5,134,000. The price of the company's 50-day moving average was $0.03 at mid-day on Thursday. The 50-day moving average is $0.03. Distoken Acquisition's twelve-month low is $0.01, and its twelve-month high is $0.07. offers a FREE daily email newsletter