Launchpad Cadenza Acquisition Corp I (NASDAQ:LPCV) Short Interest Update

Launchpad Cadenza Acquisition Corp I (NASDAQ:LPCV) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 320 shares, a decrease of 35.1% from the June 30th total of 493 shares. Based on an average daily volume of 5,740 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on shares of Launchpad Cadenza Acquisition Corp I in a report on Monday, May 18th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Launchpad Cadenza Acquisition Corp I has a consensus rating of “Sell”.

Launchpad Cadenza Acquisition Corp I Stock Performance

Shares of NASDAQ LPCV remained flat at $9.99 during midday trading on Friday. 347 shares of the stock were exchanged, compared to its average volume of 24,220. Launchpad Cadenza Acquisition Corp I has a 52 week low of $9.88 and a 52 week high of $10.04. The company has a fifty day simple moving average of $10.01.

Launchpad Cadenza Acquisition Corp I Company Profile

Launchpad Cadenza Acquisition Corp I is a blank check company 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.