Infinite Eagle Acquisition Corp. (NASDAQ:IEAG – Get Free Report) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 5,498 shares, a growth of 198.3% from the July 15th total of 1,843 shares. Based on an average daily trading volume, of 94,580 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.
Infinite Eagle Acquisition Stock Performance
NASDAQ IEAG remained flat at $10.25 during mid-day trading on Friday. The company’s stock had a trading volume of 26,327 shares, compared to its average volume of 99,154. Infinite Eagle Acquisition has a 12-month low of $9.97 and a 12-month high of $10.27. The firm’s fifty day moving average price is $10.16.
Wall Street Analyst Weigh In
Separately, Weiss Ratings began coverage on shares of Infinite Eagle Acquisition in a research report on Wednesday, June 3rd. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.
Infinite Eagle Acquisition Company Profile
Infinite Eagle Acquisition Corp is a blank check company.
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