East West Ave Acquisition Corp. (NASDAQ:EWAV) Short Interest Up ∞ in August

East West Ave Acquisition Corp. (NASDAQ:EWAV) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 175,102 shares, an increase of ∞ from the August 15th total of 0 shares. Based on an average daily volume of 255,739 shares, the short-interest ratio is presently 0.7 days.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded East West Ave Acquisition to a “hold” rating in a research note on Monday, August 17th.

East West Ave Acquisition Stock Performance

Shares of NASDAQ EWAV traded up $0.01 during mid-day trading on Wednesday, reaching $9.90. The company had a trading volume of 2,639 shares, compared to its average volume of 146,565. East West Ave Acquisition has a one year low of $9.81 and a one year high of $9.90.