Legato Merger Corp. (NYSEAMERICAN:LEGO) Short Interest Update

Legato Merger Corp. (NYSEAMERICAN:LEGO) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 287 shares, a drop of 70.6% from the May 31st total of 976 shares. Based on an average trading volume of 9,507 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Legato Merger Price Performance

NYSEAMERICAN LEGO opened at $9.92 on Tuesday. Legato Merger has a 52 week low of $9.80 and a 52 week high of $9.95. The firm’s 50-day simple moving average is $9.90 and its two-hundred day simple moving average is $10.55.

Legato Merger Company Profile

Legato Merger Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York.