QuasarEdge Acquisition Corporation (NYSE:QRED) Short Interest Down 55.6% in August

QuasarEdge Acquisition Corporation (NYSE:QRED) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 526 shares, a decline of 55.6% from the August 15th total of 1,184 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 49,989 shares, the short-interest ratio is presently 0.0 days.

QuasarEdge Acquisition Price Performance

Shares of QRED stock traded up $0.01 during trading hours on Monday, reaching $10.04. 5,786 shares of the stock traded hands, compared to its average volume of 75,679. QuasarEdge Acquisition has a 1-year low of $9.87 and a 1-year high of $10.05. The firm has a fifty day moving average of $10.01.

QuasarEdge Acquisition Company Profile

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