Short Interest in Irenic Acquisition Corp. Unit (NASDAQ:IACQU) Rises By ∞

Irenic Acquisition Corp. Unit (NASDAQ:IACQU) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,607 shares, an increase of ∞ from the April 15th total of 0 shares. Based on an average daily trading volume, of 862,525 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded Irenic Acquisition Corp. Unit to a “hold” rating in a report on Saturday, May 2nd.

Irenic Acquisition Corp. Unit Trading Up 0.0%

Shares of IACQU traded up $0.00 during trading hours on Monday, hitting $10.00. 61,403 shares of the company were exchanged, compared to its average volume of 274,700. Irenic Acquisition Corp. Unit has a 52 week low of $9.99 and a 52 week high of $10.08.