Short Interest in ESH Acquisition Corp. (NASDAQ:ESHAR) Rises By 757.5%

ESH Acquisition Corp. (NASDAQ:ESHAR) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 16,902 shares, an increase of 757.5% from the December 31st total of 1,971 shares. Based on an average daily trading volume, of 1,233 shares, the days-to-cover ratio is currently 13.7 days. Based on an average daily trading volume, of 1,233 shares, the days-to-cover ratio is currently 13.7 days.

ESH Acquisition Stock Down 8.8%

Shares of ESH Acquisition stock traded down $0.02 on Thursday, reaching $0.21. The stock had a trading volume of 7,710 shares, compared to its average volume of 2,421. The company has a 50 day moving average price of $0.19 and a 200 day moving average price of $0.17. ESH Acquisition has a 1 year low of $0.07 and a 1 year high of $0.27.

ESH Acquisition Company Profile

ESH Acquisition Corp is a Delaware-incorporated special purpose acquisition company (SPAC) that trades on the NASDAQ under the ticker ESHAR. The company was formed in August 2020 and completed its initial public offering in June 2021. As a blank-check vehicle, ESH Acquisition’s sole purpose is to identify, acquire or merge with one or more businesses, providing a public platform and access to capital for its target.

ESH Acquisition seeks opportunities within technology-enabled industries, with particular emphasis on financial technology (fintech), digital platforms, software and related services.