Praetorian Acquisition Corp. (NASDAQ:PTOR – Get Free Report) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 4,749 shares, a decline of 46.8% from the August 15th total of 8,935 shares. Based on an average daily trading volume, of 9,617 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.0% of the company’s shares are sold short.
Analysts Set New Price Targets
Separately, Weiss Ratings raised shares of Praetorian Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Tuesday, September 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.
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Praetorian Acquisition Price Performance
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