Short Interest in Quetta Acquisition Co. (NASDAQ:QETAU) Expands By ?

Quetta Acquisition Co. (NASDAQ:QETAU) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 24 shares, an increase of ? from the June 30th total of 0 shares. Based on an average trading volume of 386 shares, the short-interest ratio is presently 0.1 days.

Quetta Acquisition Trading Down 0.1%

NASDAQ:QETAU traded down $0.01 during mid-day trading on Thursday, hitting $11.50. The stock had a trading volume of 100 shares, compared to its average volume of 2,706. The company has a 50 day simple moving average of $11.76 and a 200-day simple moving average of $11.52. Quetta Acquisition has a 52 week low of $10.70 and a 52 week high of $13.79.

Quetta Acquisition Company Profile

Quetta Acquisition (NASDAQ:QETAU) is a special purpose acquisition company (SPAC) incorporated in Delaware for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination. As a blank-check vehicle, the company itself does not operate any business but seeks to identify and combine with one or more target companies that meet its investment criteria.

Since its formation, Quetta Acquisition has focused on raising capital through an initial public offering and holding those proceeds in a trust account while it evaluates potential business combination opportunities.