MOZAYYX Acquisition Corp. (NYSE:MZYX) Sees Large Increase in Short Interest

MOZAYYX Acquisition Corp. (NYSE:MZYX) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 1 shares. Based on an average daily trading volume, of 26,020 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

MOZAYYX Acquisition Stock Performance

Shares of MZYX remained flat at $9.99 during trading hours on Friday. The stock had a trading volume of 2,660 shares, compared to its average volume of 35,302. The company’s 50 day moving average price is $9.99. MOZAYYX Acquisition has a 52 week low of $9.79 and a 52 week high of $10.10.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of MOZAYYX Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

About MOZAYYX Acquisition

Mozayyx Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. Potential transactions may include a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar corporate transaction.

As a SPAC, Mozayyx Acquisition Corp. does not operate a conventional commercial business and does not currently offer products or services to customers. Its principal activity is evaluating potential acquisition opportunities and pursuing a transaction that would result in a combined operating company.

Publicly available information about the company’s target industry, geographic focus and leadership is limited.