B&R Technology Merger Corp. (NASDAQ:BRTMU) Short Interest Up ? in July

B&R Technology Merger Corp. (NASDAQ:BRTMU) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 1,112 shares, an increase of ? from the July 15th total of 0 shares. Based on an average trading volume of 1,286,511 shares, the days-to-cover ratio is currently 0.0 days.

B&R Technology Merger Stock Performance

Shares of B&R Technology Merger stock traded down $0.00 during trading hours on Friday, reaching $9.97. 623 shares of the company’s stock were exchanged, compared to its average volume of 250,635. B&R Technology Merger has a fifty-two week low of $9.94 and a fifty-two week high of $9.98.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in B&R Technology Merger stock. Bank of New York Mellon Corp purchased a new stake in B&R Technology Merger Corp. (NASDAQ:BRTMU) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 143,241 shares of the company’s stock, valued at approximately $2,495,000.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of B&R Technology Merger to a “hold” rating in a research note on Saturday, July 25th.

About B&R Technology Merger

We are a blank check company incorporated as a Cayman Islands exempted company and 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, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.