Vernal Capital Acquisition Corp. (NYSE:VECA) Sees Significant Growth in Short Interest

Vernal Capital Acquisition Corp. (NYSE:VECA) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 5,431 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 367,296 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Vernal Capital Acquisition from a “sell” rating to a “hold” rating in a research report on Sunday, May 31st.

Vernal Capital Acquisition Stock Up 0.1%

Shares of NYSE:VECA traded up $0.01 during midday trading on Friday, hitting $10.00. The company’s stock had a trading volume of 13,887 shares, compared to its average volume of 218,108. Vernal Capital Acquisition has a fifty-two week low of $9.88 and a fifty-two week high of $10.71.