Market Technology Acquisition Corp (NASDAQ:MTAKU – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,003 shares, an increase of ? from the July 15th total of 0 shares. Based on an average daily volume of 582,911 shares, the days-to-cover ratio is currently 0.0 days.
Market Technology Acquisition Trading Down 0.1%
NASDAQ:MTAKU traded down $0.01 during mid-day trading on Friday, hitting $9.97. 11,987 shares of the stock traded hands, compared to its average volume of 107,319. Market Technology Acquisition has a 52 week low of $9.90 and a 52 week high of $10.00.
Analysts Set New Price Targets
Separately, Wall Street Zen raised Market Technology Acquisition to a “hold” rating in a research report on Saturday, August 1st.
Market Technology Acquisition Company Profile
Market Technology Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and combine with an operating business through a merger, share exchange, asset acquisition, or similar transaction. Its securities traded under separate symbols for units, ordinary shares and warrants.
As a SPAC, Market Technology Acquisition Corp. did not have an established operating business, proprietary products or recurring commercial services before completing a business combination.
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