Infinite Eagle Acquisition Corp. (NASDAQ:IEAG – Get Free Report) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,843 shares, a decline of 82.2% from the June 30th total of 10,334 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 18,604 shares, the days-to-cover ratio is presently 0.1 days.
Infinite Eagle Acquisition Price Performance
NASDAQ IEAG traded down $0.01 during trading hours on Friday, hitting $10.21. The company had a trading volume of 209 shares, compared to its average volume of 86,540. The firm has a 50 day moving average of $10.12. Infinite Eagle Acquisition has a 1-year low of $9.97 and a 1-year high of $10.27.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings started coverage on Infinite Eagle Acquisition in a report on Wednesday, June 3rd. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company presently has an average rating of “Sell”.
Infinite Eagle Acquisition Company Profile
Infinite Eagle Acquisition Corp is a blank check company.
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