Short Interest in Idea Acquisition Corp. (NASDAQ:IACO) Declines By 90.8%

Idea Acquisition Corp. (NASDAQ:IACO) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 434 shares, a drop of 90.8% from the May 14th total of 4,699 shares. Based on an average trading volume of 7,820 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Idea Acquisition Price Performance

Idea Acquisition stock traded up $0.01 during mid-day trading on Tuesday, reaching $9.91. 220 shares of the company were exchanged, compared to its average volume of 95,596. The firm’s fifty day simple moving average is $9.87. Idea Acquisition has a 12 month low of $9.78 and a 12 month high of $9.93.

Idea Acquisition Company Profile

Idea Acquisition Corp is a blank check company.