Leader’s Advantage Acquisition Corp. (NASDAQ:LEDRU) Sees Significant Growth in Short Interest

Leader’s Advantage Acquisition Corp. (NASDAQ:LEDRU) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 16,908 shares. Based on an average daily trading volume, of 467,986 shares, the short-interest ratio is currently 0.0 days.

Leader’s Advantage Acquisition Price Performance

NASDAQ LEDRU traded up $0.01 on Wednesday, hitting $9.95. 576 shares of the stock traded hands, compared to its average volume of 104,220. Leader’s Advantage Acquisition has a 12 month low of $9.94 and a 12 month high of $9.99.

Analyst Ratings Changes

Separately, Wall Street Zen raised Leader’s Advantage Acquisition to a “hold” rating in a research note on Saturday, September 26th.

Leader’s Advantage Acquisition Company Profile

Leader’s Advantage Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more operating companies. Potential transactions may include a merger, acquisition, stock purchase, reorganization or similar business combination.

As a SPAC, the company does not have significant operating activities, products or services of its own. Its primary activities involve raising capital through a public offering, placing funds into a trust account and evaluating potential acquisition targets.

The company’s securities trade on Nasdaq under the symbol LEDRU for its units.