Praetorian Acquisition Corp. (NASDAQ:PTOR – Get Free Report) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 4,749 shares, a drop of 46.8% from the August 15th total of 8,935 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 9,617 shares, the days-to-cover ratio is currently 0.5 days.
Praetorian Acquisition Stock Performance
PTOR traded up $0.01 on Wednesday, hitting $9.98. The company had a trading volume of 454 shares, compared to its average volume of 33,690. The stock’s fifty day simple moving average is $9.97. Praetorian Acquisition has a 1-year low of $9.77 and a 1-year high of $10.04.
Analysts Set New Price Targets
Separately, Weiss Ratings raised shares of Praetorian Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Praetorian Acquisition has an average rating of “Sell”.
Praetorian Acquisition Company Profile
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