Abony Acquisition Corp. I (NASDAQ:AACO) Stock Short Interest Report for October

Abony Acquisition Corp. I (NASDAQ:AACO) was the target of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 262 shares, a decline of 98.7% from the October 15th total of 20,880 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 12,768 shares, the days-to-cover ratio is presently 0.0 days.

Abony Acquisition Corp. I Trading Down 0.0%

Shares of AACO stock traded down $0.00 during trading hours on Thursday, hitting $10.05. The stock had a trading volume of 369 shares, compared to its average volume of 37,344. Abony Acquisition Corp. I has a one year low of $9.84 and a one year high of $10.05. The business has a 50-day simple moving average of $10.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded Abony Acquisition Corp. I from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, October 2nd. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, Abony Acquisition Corp. I currently has an average rating of “Sell”.

About Abony Acquisition Corp. I

Abony Acquisition Corp. I is a special purpose acquisition company (SPAC) listed on the Nasdaq under the symbol AACO. The company was established to identify and complete a business combination, such as a merger, share exchange, asset acquisition, reorganization or similar transaction, with one or more operating businesses. Unlike an operating company, Abony Acquisition Corp. I does not have a portfolio of commercial products or services. Its activities are focused on raising capital through its public listing, evaluating potential acquisition opportunities and seeking to combine with a target company.