Duddell Street Acquisition Corp. (NASDAQ:DSAC – Get Free Report) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 3,764 shares, an increase of 323.9% from the May 14th total of 888 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 7,110 shares, the short-interest ratio is presently 0.5 days.
Duddell Street Acquisition Trading Up 0.1%
Shares of NASDAQ:DSAC opened at $10.05 on Friday. The business’s fifty day simple moving average is $9.96. Duddell Street Acquisition has a 52 week low of $9.90 and a 52 week high of $10.05.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings initiated coverage on shares of Duddell Street Acquisition in a report on Tuesday, May 26th. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.
About Duddell Street Acquisition
Duddell Street Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Central, Hong Kong.
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