East West Ave Acquisition Corp. (NASDAQ:EWAV – Get Free Report) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 33,785 shares, a decline of 80.7% from the August 31st total of 175,102 shares. Based on an average trading volume of 31,195 shares, the short-interest ratio is currently 1.1 days.
East West Ave Acquisition Stock Performance
EWAV stock remained flat at $9.90 during mid-day trading on Friday. 14 shares of the company’s stock traded hands, compared to its average volume of 144,932. East West Ave Acquisition has a 1-year low of $9.81 and a 1-year high of $9.91.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded East West Ave Acquisition to a “hold” rating in a research note on Monday, August 17th.
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