$AST SpaceMobile, Inc.(ASTS)$ I've been watching big money flow into the stock at the close for a while now, positioning for that multi-catalyst event in June. Positions are still being built, and the price has moved up significantly as a result. At the close today, institutions picked up another 8,283,766 shares of ASTS at $129.60, totaling over $1.076 billion. That's massive institutional capital. It could be another tough period for the shorts ahead. GLTA.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
