Long Table Growth Corp. (NASDAQ:LTGR) Sees Significant Growth in Short Interest

Long Table Growth Corp. (NASDAQ:LTGR) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 60 shares, an increase of 160.9% from the October 15th total of 23 shares. Based on an average trading volume of 1,851 shares, the short-interest ratio is presently 0.0 days.

Long Table Growth Stock Performance

NASDAQ:LTGR traded down $0.01 during trading hours on Friday, reaching $10.02. 2,996 shares of the company’s stock were exchanged, compared to its average volume of 22,782. Long Table Growth has a 12 month low of $9.88 and a 12 month high of $10.06. The stock has a 50-day moving average price of $9.97.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on shares of Long Table Growth in a report on Monday, October 19th. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Long Table Growth presently has a consensus rating of “Sell”.

About Long Table Growth

Long Table Growth Corp. was formed as a special purpose acquisition company (SPAC), rather than as an operating business. Its purpose was to pursue a merger, share exchange, asset acquisition or similar business combination. The company stated that it would focus on opportunities in the food and agriculture sectors, including businesses involved in innovation across the food supply chain. It did not itself offer food, agricultural products or related operating services.