Muzero Acquisition Corp (NASDAQ:MUZE) Sees Large Increase in Short Interest

Muzero Acquisition Corp (NASDAQ:MUZEGet Free Report) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,833 shares, an increase of 350.9% from the June 15th total of 850 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 14,311 shares, the short-interest ratio is presently 0.3 days.

Muzero Acquisition Price Performance

MUZE stock traded down $0.02 during trading on Friday, hitting $9.97. The company had a trading volume of 2,335 shares, compared to its average volume of 20,306. Muzero Acquisition has a 52-week low of $9.78 and a 52-week high of $9.99. The firm has a 50 day moving average of $9.93.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on Muzero Acquisition in a report on Tuesday, June 16th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Muzero Acquisition currently has an average rating of “Sell”.

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