Praetorian Acquisition Corp. (NASDAQ:PTOR) Short Interest Up 82.3% in June

Praetorian Acquisition Corp. (NASDAQ:PTOR) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 607 shares, a growth of 82.3% from the May 31st total of 333 shares. Based on an average daily trading volume, of 4,830 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings began coverage on shares of Praetorian Acquisition in a report on Tuesday, June 9th. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Praetorian Acquisition presently has a consensus rating of “Sell”.

Praetorian Acquisition Trading Down 0.1%

PTOR opened at $9.93 on Friday. Praetorian Acquisition has a twelve month low of $9.77 and a twelve month high of $9.94. The stock’s 50-day simple moving average is $9.91.

Praetorian Acquisition Company Profile

Praetorian Acquisition Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.