PropTech Acquisition Co. (NASDAQ:PTAC) Sees Significant Growth in Short Interest

PropTech Acquisition Co. (NASDAQ:PTAC) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 179 shares, an increase of 68.9% from the July 30th total of 106 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 43,853 shares, the short-interest ratio is presently 0.0 days.

PropTech Acquisition Stock Up 0.1%

Shares of NASDAQ PTAC traded up $0.01 during mid-day trading on Tuesday, hitting $9.94. The company had a trading volume of 1,215 shares, compared to its average volume of 59,208. PropTech Acquisition has a 1-year low of $9.74 and a 1-year high of $10.10. The business’s 50-day simple moving average is $7.18 and its 200 day simple moving average is $7.33.

PropTech Acquisition Company Profile

PropTech Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2019 and is based in Wilson, Wyoming.