Long Table Growth Corp. (NASDAQ:LTGR – Get Free Report) was the target of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 60 shares, a growth of 160.9% from the October 15th total of 23 shares. Based on an average daily volume of 1,851 shares, the days-to-cover ratio is currently 0.0 days.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings assumed coverage on Long Table Growth in a research note on Monday, October 19th. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Long Table Growth has a consensus rating of “Sell”.
Read Our Latest Stock Analysis on LTGR
Long Table Growth Stock Down 0.1%
Shares of LTGR traded down $0.01 during mid-day trading on Friday, reaching $10.02. The company’s stock had a trading volume of 2,996 shares, compared to its average volume of 22,782. The company has a fifty day moving average price of $9.97. Long Table Growth has a 1 year low of $9.88 and a 1 year high of $10.06.
Long Table Growth Company Profile
Long Table Growth Corp. was formed as a special purpose acquisition company (SPAC), rather than as an operating business. Its purpose was to pursue a merger, share exchange, asset acquisition or similar business combination. The company stated that it would focus on opportunities in the food and agriculture sectors, including businesses involved in innovation across the food supply chain. It did not itself offer food, agricultural products or related operating services.
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