JAB Acquisition Corp I (NASDAQ:JABRU – Get Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 10,897 shares, an increase of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 607,419 shares, the days-to-cover ratio is presently 0.0 days.
JAB Acquisition Corp I Stock Performance
NASDAQ JABRU traded down $0.01 during mid-day trading on Thursday, reaching $10.04. 1,709 shares of the stock were exchanged, compared to its average volume of 211,427. JAB Acquisition Corp I has a 1-year low of $9.99 and a 1-year high of $10.07.
About JAB Acquisition Corp I
JAB Acquisition Corp I is a special purpose acquisition company, or SPAC, formed to pursue a merger, share exchange, asset acquisition, stock purchase, recapitalization, or similar business combination with one or more businesses. As a blank check company, it does not operate a traditional commercial business of its own but is instead structured to raise capital and identify an acquisition target.
The company was organized to seek opportunities in industries and geographies that align with its management team’s experience and investment strategy.
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