LF Capital Acquisition Corp. (NASDAQ:LFAC) Sees Large Drop in Short Interest

LF Capital Acquisition Corp. (NASDAQ:LFAC) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 610 shares, a decrease of 70.5% from the July 15th total of 2,066 shares. Based on an average daily trading volume, of 2,738 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of LF Capital Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a report on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

LF Capital Acquisition Stock Performance

LFAC stock opened at $10.04 on Thursday. The company’s 50 day moving average price is $10.01 and its 200 day moving average price is $9.98. LF Capital Acquisition has a fifty-two week low of $9.53 and a fifty-two week high of $10.05.

About LF Capital Acquisition

LF Capital Acquisition Corp. does not have significant operations. It focuses on identifying and evaluating opportunities for the acquisition of assets or business with a view to completing a qualifying transaction. The company was founded in 2017 and is based in New York, New York.