B&R Technology Merger Corp. (NASDAQ:BRTMU) Short Interest Update

B&R Technology Merger Corp. (NASDAQ:BRTMU) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 1,112 shares, an increase of ? from the July 15th total of 0 shares. Based on an average daily volume of 1,286,511 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On B&R Technology Merger

An institutional investor recently bought a new stake in B&R Technology Merger stock. Bank of New York Mellon Corp purchased a new position in B&R Technology Merger Corp. (NASDAQ:BRTMU) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 143,241 shares of the company’s stock, valued at approximately $2,495,000.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded B&R Technology Merger to a “hold” rating in a report on Saturday, July 25th.

B&R Technology Merger Stock Performance

BRTMU stock opened at $9.97 on Monday. B&R Technology Merger has a 1 year low of $9.94 and a 1 year high of $9.98.

About B&R Technology Merger

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, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.