Shreya Acquisition Group (NYSE:SAGU) Short Interest Down 81.6% in August

Shreya Acquisition Group (NYSE:SAGU) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 1,121 shares, a decline of 81.6% from the July 30th total of 6,096 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 8,196 shares, the short-interest ratio is currently 0.1 days.

Shreya Acquisition Group Stock Up 0.1%

Shares of SAGU stock traded up $0.01 during mid-day trading on Thursday, reaching $10.01. The stock had a trading volume of 801,359 shares, compared to its average volume of 98,810. Shreya Acquisition Group has a 12-month low of $9.85 and a 12-month high of $10.05. The firm’s 50-day moving average is $9.93.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Weiss Ratings started coverage on shares of Shreya Acquisition Group in a report on Tuesday, August 18th. They issued a “sell (e)” rating for the company. Wall Street Zen upgraded shares of Shreya Acquisition Group to a “hold” rating in a research report on Saturday, May 30th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Shreya Acquisition Group Company Profile

Shreya Acquisition Group is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Shreya Acquisition Group is based in NEW YORK.