Praetorian Acquisition Corp. (NASDAQ:PTOR) Short Interest Up 75.5% in August

Praetorian Acquisition Corp. (NASDAQ:PTOR) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 8,935 shares, a growth of 75.5% from the July 30th total of 5,090 shares. Based on an average daily trading volume, of 77,185 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

Separately, Weiss Ratings initiated coverage on Praetorian Acquisition in a research report on Tuesday, June 9th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Praetorian Acquisition has a consensus rating of “Sell”.

Praetorian Acquisition Stock Performance

Shares of PTOR stock opened at $9.99 on Monday. The company has a fifty day simple moving average of $9.96. Praetorian Acquisition has a 52 week low of $9.77 and a 52 week high of $10.04.

Praetorian Acquisition Company Profile

Praetorian Acquisition Corp 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.