Short Interest in QDRO Acquisition Corp. (NASDAQ:QADR) Expands By 145.1%

QDRO Acquisition Corp. (NASDAQ:QADR) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 13,217 shares, a growth of 145.1% from the August 15th total of 5,393 shares. Based on an average daily volume of 6,748 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.1% of the shares of the stock are sold short.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on QDRO Acquisition in a research note on Tuesday, August 18th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, QDRO Acquisition has an average rating of “Sell”.

QDRO Acquisition Stock Performance

Shares of QADR stock traded up $0.10 on Monday, reaching $10.09. The company’s stock had a trading volume of 53,450 shares, compared to its average volume of 14,229. The stock’s fifty day simple moving average is $9.97. QDRO Acquisition has a 1 year low of $9.85 and a 1 year high of $10.79.

About QDRO Acquisition

QDRO Acquisition Corp. is a blank check company. It formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. QDRO Acquisition Corp. is based in New York.