Abony Acquisition Corp. I (NASDAQ:AACO) Short Interest Up 313.3% in July

Abony Acquisition Corp. I (NASDAQ:AACO) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,463 shares, an increase of 313.3% from the June 30th total of 354 shares. Based on an average daily volume of 11,068 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings initiated coverage on Abony Acquisition Corp. I in a report on Wednesday, July 8th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Abony Acquisition Corp. I Stock Performance

Shares of NASDAQ AACO opened at $9.93 on Tuesday. Abony Acquisition Corp. I has a 12-month low of $9.84 and a 12-month high of $9.99. The company has a fifty day moving average of $9.92.

Abony Acquisition Corp. I Company Profile

Abony Acquisition Corp I is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.