TCGX Acquisition Corp. (NASDAQ:TCGX) Short Interest Down 70.1% in August

TCGX Acquisition Corp. (NASDAQ:TCGX) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 10,169 shares, a decrease of 70.1% from the August 15th total of 34,002 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 143,852 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of TCGX Acquisition to a “hold” rating in a research report on Saturday, August 15th.

TCGX Acquisition Price Performance

Shares of TCGX opened at $13.32 on Friday. TCGX Acquisition has a 52 week low of $10.30 and a 52 week high of $18.91.

About TCGX Acquisition

TCGX Acquisition Corp. is a blank check company. It 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. TCGX Acquisition Corp. is based in PALO ALTO, Calif.