United Acquisition Corp. I (NYSEAMERICAN:UAC – Get Free Report) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 13,321 shares, a growth of 251.5% from the May 14th total of 3,790 shares. Based on an average daily volume of 5,431 shares, the days-to-cover ratio is presently 2.5 days. Currently, 0.1% of the shares of the stock are sold short.
United Acquisition Corp. I Price Performance
NYSEAMERICAN UAC traded up $0.03 on Friday, hitting $9.93. The stock had a trading volume of 1,228 shares, compared to its average volume of 18,507. United Acquisition Corp. I has a 52-week low of $9.51 and a 52-week high of $9.97. The business has a 50-day moving average of $9.86.
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