Short Interest in Vernal Capital Acquisition Corp. (NYSE:VECA) Increases By 141.8%

Vernal Capital Acquisition Corp. (NYSE:VECA) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,695 shares, an increase of 141.8% from the July 15th total of 701 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 24,340 shares, the short-interest ratio is currently 0.1 days.

Vernal Capital Acquisition Stock Performance

VECA stock opened at $9.99 on Friday. Vernal Capital Acquisition has a 52 week low of $9.87 and a 52 week high of $11.01. The stock’s 50-day moving average is $9.97.

Analyst Ratings Changes

Several analysts recently commented on VECA shares. Weiss Ratings started coverage on Vernal Capital Acquisition in a research report on Thursday. They issued a “sell (e-)” rating on the stock. Wall Street Zen raised Vernal Capital Acquisition from a “sell” rating to a “hold” rating in a report on Sunday, May 31st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Vernal Capital Acquisition has an average rating of “Sell”.

About Vernal Capital Acquisition

Vernal Capital Acquisition Corp. is a blank check company. It formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Vernal Capital Acquisition Corp. is based in New York.