Infinite Eagle Acquisition Corp. (NASDAQ:IEAG) Short Interest Down 82.2% in July

Infinite Eagle Acquisition Corp. (NASDAQ:IEAG) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 1,843 shares, a drop of 82.2% from the June 30th total of 10,334 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 18,604 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings initiated coverage on shares of Infinite Eagle Acquisition in a research note on Wednesday, June 3rd. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Infinite Eagle Acquisition Trading Down 0.0%

Shares of IEAG stock traded down $0.01 on Friday, reaching $10.21. 209 shares of the stock were exchanged, compared to its average volume of 86,540. The company’s 50 day moving average price is $10.12. Infinite Eagle Acquisition has a twelve month low of $9.97 and a twelve month high of $10.27.

About Infinite Eagle Acquisition

Infinite Eagle Acquisition Corp is a blank check company.