Miluna Acquisition Corp (NASDAQ:MMTX – Get Free Report) saw a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 2,105 shares, an increase of 85.0% from the June 30th total of 1,138 shares. Based on an average daily trading volume, of 1,763 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.0% of the company’s shares are short sold.
Miluna Acquisition Price Performance
Shares of MMTX opened at $10.10 on Friday. The firm’s fifty day moving average price is $10.11. The company has a market capitalization of $89.16 million and a PE ratio of 9,619.05. Miluna Acquisition has a 12 month low of $9.88 and a 12 month high of $10.15.
Institutional Investors Weigh In On Miluna Acquisition
Hedge funds have recently made changes to their positions in the business. Whitebox Advisors LLC bought a new position in Miluna Acquisition during the first quarter valued at about $4,004,000. Polar Asset Management Partners Inc. bought a new stake in Miluna Acquisition in the first quarter worth about $3,704,000. Finally, Sona Asset Management US LLC purchased a new position in Miluna Acquisition in the first quarter valued at about $1,177,000.
About Miluna Acquisition
Miluna Acquisition Corp is a blank check company.
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