Short Interest in Newbridge Acquisition Limited (NASDAQ:NBRG) Grows By 790.7%

Newbridge Acquisition Limited (NASDAQ:NBRGGet Free Report) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totaling 1,728 shares, an increase of 790.7% from the May 31st total of 194 shares. Based on an average daily volume of 1,267 shares, the short-interest ratio is presently 1.4 days. Currently, 0.0% of the shares of the company are short sold.

Newbridge Acquisition Stock Performance

Shares of NASDAQ NBRG opened at $9.97 on Friday. Newbridge Acquisition has a 52 week low of $9.59 and a 52 week high of $9.99. The stock has a fifty day moving average of $9.93.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of Newbridge Acquisition in a research report on Tuesday, June 16th. They issued a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Get Our Latest Stock Analysis on NBRG

About Newbridge Acquisition

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Newbridge Acquisition Ltd is a blank check company.

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