Abony Acquisition Corp. I (NASDAQ:AACO – Get Free Report) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 1,463 shares, a growth of 313.3% from the June 30th total of 354 shares. Based on an average daily volume of 11,068 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.
Abony Acquisition Corp. I Trading Up 0.2%
AACO stock opened at $9.94 on Friday. The stock’s 50-day moving average is $9.92. Abony Acquisition Corp. I has a 1 year low of $9.84 and a 1 year high of $9.99.
Analysts Set New Price Targets
Separately, Weiss Ratings initiated coverage on Abony Acquisition Corp. I in a research note on Wednesday, July 8th. They issued a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Abony Acquisition Corp. I currently has an average rating of “Sell”.
Abony Acquisition Corp. I Company Profile
Abony Acquisition Corp I is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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