Maywood Acquisition Corp. (NASDAQ:IPEX) Short Interest Down 94.5% in April

Maywood Acquisition Corp. (NASDAQ:IPEX) was the recipient of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 276 shares, a decrease of 94.5% from the April 15th total of 5,007 shares. Based on an average trading volume of 13,665 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Maywood Acquisition Price Performance

IPEX stock traded down $0.01 on Monday, reaching $10.44. 526 shares of the company’s stock were exchanged, compared to its average volume of 12,262. The company has a fifty day moving average of $10.40. Maywood Acquisition has a twelve month low of $10.00 and a twelve month high of $10.46.

Maywood Acquisition (NASDAQ:IPEX) last posted its earnings results on Monday, March 23rd. The company reported ($0.09) EPS for the quarter.

Institutional Trading of Maywood Acquisition

Institutional investors have recently bought and sold shares of the company. Magnetar Financial LLC purchased a new stake in Maywood Acquisition during the fourth quarter worth $2,565,000. Meteora Capital LLC purchased a new stake in Maywood Acquisition during the fourth quarter worth $1,140,000. Virtu Financial LLC purchased a new stake in Maywood Acquisition during the fourth quarter worth $519,000. Finally, Radcliffe Capital Management L.P. purchased a new stake in Maywood Acquisition during the fourth quarter worth $1,152,000.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Maywood Acquisition in a report on Friday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Maywood Acquisition currently has an average rating of “Sell”.

About Maywood Acquisition

We are a blank check company incorporated as a Cayman Islands exempted company and 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 or entities, which we refer to throughout this prospectus as our initial business combination. We have not selected any target business and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any target business regarding an initial business combination with our company.