OceanLight Acquisition Corporation (NASDAQ:OCLT – Get Free Report) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 1,646 shares. Based on an average daily trading volume, of 35,370 shares, the days-to-cover ratio is presently 0.0 days.
OceanLight Acquisition Stock Performance
NASDAQ:OCLT traded down $0.01 during trading hours on Monday, reaching $9.88. 260,875 shares of the company were exchanged, compared to its average volume of 84,377. OceanLight Acquisition has a twelve month low of $9.86 and a twelve month high of $9.94.
About OceanLight Acquisition
Ocean Light Acquisition Corp. (NASDAQ: OCLT) is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more private companies. Its potential transaction could take the form of a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar corporate combination.
Unlike an operating company, Ocean Light Acquisition does not appear to sell products or provide ongoing commercial services. Its primary activities are evaluating prospective targets, negotiating a transaction and completing the related financing and regulatory processes.
Publicly available information about the company’s target industry, operating geographies and leadership is limited.
See Also
- Five stocks we like better than OceanLight Acquisition
- Six Flags Launches FlexPay—Is There Any FUN Left in the Stock?
- Brewing Trouble? Starbucks Spills the Beans on 250 Store Closures
- Stitch Fix Stock Plunges as Guidance Puts the Turnaround on Pause
- Harley-Davidson Insiders Are Buying: Is HOG Finally Turning Around?
Receive News & Ratings for OceanLight Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OceanLight Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
