Emmis Acquisition Corp. (NASDAQ:EMISR) Short Interest Down 73.5% in July

Emmis Acquisition Corp. (NASDAQ:EMISR) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 36 shares, a drop of 73.5% from the July 15th total of 136 shares. Based on an average daily volume of 2,975 shares, the short-interest ratio is currently 0.0 days.

Emmis Acquisition Stock Up 4.3%

Shares of NASDAQ EMISR traded up $0.00 during trading on Thursday, hitting $0.12. 3,600 shares of the company traded hands, compared to its average volume of 21,915. Emmis Acquisition has a 1 year low of $0.10 and a 1 year high of $0.18. The stock has a 50-day moving average of $0.14.

About Emmis Acquisition

We are a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.