Short Interest in Vernal Capital Acquisition Corp. (NYSE:VECA) Declines By 67.6%

Vernal Capital Acquisition Corp. (NYSE:VECAGet Free Report) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 1,757 shares, a decline of 67.6% from the May 31st total of 5,431 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 31,373 shares, the short-interest ratio is currently 0.1 days.

Vernal Capital Acquisition Price Performance

Shares of NYSE:VECA traded down $0.03 on Friday, reaching $9.92. 4,488 shares of the company’s stock were exchanged, compared to its average volume of 127,826. Vernal Capital Acquisition has a fifty-two week low of $9.88 and a fifty-two week high of $11.01.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Vernal Capital Acquisition from a “sell” rating to a “hold” rating in a report on Sunday, May 31st.

Read Our Latest Report on VECA

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