Abony Acquisition Corp. I (NASDAQ:AACO) Short Interest Up 313.3% in July

Abony Acquisition Corp. I (NASDAQ:AACOGet Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 1,463 shares, an increase of 313.3% from the June 30th total of 354 shares. Based on an average trading volume of 11,068 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Abony Acquisition Corp. I Price Performance

Abony Acquisition Corp. I stock opened at $9.94 on Friday. The firm has a 50 day moving average price of $9.92. Abony Acquisition Corp. I has a 1 year low of $9.84 and a 1 year high of $9.99.

Wall Street Analyst Weigh In

Separately, Weiss Ratings initiated coverage on shares of Abony Acquisition Corp. I in a research note on Wednesday, July 8th. They issued a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has an average rating of “Sell”.

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About Abony Acquisition Corp. I

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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.

Further Reading

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