Meridian3 Industrials Acquisition Corp (NASDAQ:MIACU – Get Free Report) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 9,813 shares, an increase of ∞ from the June 30th total of 0 shares. Based on an average daily volume of 961,599 shares, the short-interest ratio is presently 0.0 days.
Meridian3 Industrials Acquisition Stock Performance
MIACU stock remained flat at $9.98 during trading on Thursday. The company had a trading volume of 14,416 shares, compared to its average volume of 174,236. Meridian3 Industrials Acquisition has a 1-year low of $9.91 and a 1-year high of $10.02.
Meridian3 Industrials Acquisition Company Profile
Meridian3 Industrials Acquisition Corp. is a special purpose acquisition company (SPAC) formed to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Companies like Meridian3 Industrials Acquisition are typically created to identify and combine with an operating business, rather than to conduct a traditional commercial business of their own.
As a blank-check company, Meridian3 Industrials Acquisition does not have a standalone product or service portfolio.
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