YHN Acquisition I Limited (NASDAQ:YHNAR) Short Interest Update

YHN Acquisition I Limited (NASDAQ:YHNAR) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 136 shares, a decline of 57.1% from the May 14th total of 317 shares. Based on an average trading volume of 4,379 shares, the short-interest ratio is presently 0.0 days.

YHN Acquisition I Stock Performance

Shares of YHNAR stock remained flat at $0.11 during mid-day trading on Friday. YHN Acquisition I has a 1-year low of $0.10 and a 1-year high of $0.25. The firm has a 50-day moving average of $0.12 and a two-hundred day moving average of $0.13.

YHN Acquisition I Corp is a special purpose acquisition company (SPAC) incorporated as an exempted company in the Cayman Islands. The company was formed to raise capital through an initial public offering and to use its proceeds to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. YHN Acquisition I units began trading on the Nasdaq under the ticker YHNAR.

As a blank check company, YHN Acquisition I holds the net proceeds from its IPO in a trust account pending the identification and completion of a qualifying business combination.