ESH Acquisition Corp. (NASDAQ:ESHAR) Sees Significant Growth in Short Interest

ESH Acquisition Corp. (NASDAQ:ESHAR) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totaling 16,902 shares, a growth of 757.5% from the December 31st total of 1,971 shares. Based on an average daily trading volume, of 1,233 shares, the short-interest ratio is presently 13.7 days. Based on an average daily trading volume, of 1,233 shares, the short-interest ratio is presently 13.7 days.

ESH Acquisition Stock Performance

Shares of ESHAR stock traded up $0.00 during trading hours on Wednesday, reaching $0.23. The company had a trading volume of 749 shares, compared to its average volume of 1,850. The business has a fifty day moving average price of $0.19 and a 200-day moving average price of $0.17. ESH Acquisition has a one year low of $0.07 and a one year high of $0.27.

About ESH Acquisition

ESH Acquisition Corp is a Delaware-incorporated special purpose acquisition company (SPAC) that trades on the NASDAQ under the ticker ESHAR. The company was formed in August 2020 and completed its initial public offering in June 2021. As a blank-check vehicle, ESH Acquisition’s sole purpose is to identify, acquire or merge with one or more businesses, providing a public platform and access to capital for its target.

ESH Acquisition seeks opportunities within technology-enabled industries, with particular emphasis on financial technology (fintech), digital platforms, software and related services.