Marblegate Acquisition Corp. (NASDAQ:GATE – Get Free Report) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 3,100 shares, a growth of 72.2% from the February 13th total of 1,800 shares. Currently, 0.5% of the company’s shares are short sold. Based on an average daily volume of 600 shares, the short-interest ratio is currently 5.2 days.
Marblegate Acquisition Trading Up 0.6 %
GATE traded up $0.07 during trading on Friday, hitting $10.97. 152,724 shares of the stock were exchanged, compared to its average volume of 4,687. The firm has a 50 day simple moving average of $10.90 and a 200 day simple moving average of $10.99. Marblegate Acquisition has a 1 year low of $10.40 and a 1 year high of $12.30.
About Marblegate Acquisition
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