Space Asset Acquisition Corp. (NASDAQ:SAAQ – Get Free Report) was the recipient of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 2,934 shares, a drop of 74.2% from the June 30th total of 11,371 shares. Based on an average daily volume of 47,148 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.
Space Asset Acquisition Stock Up 0.2%
Shares of SAAQ stock traded up $0.02 during mid-day trading on Friday, reaching $10.18. The stock had a trading volume of 405 shares, compared to its average volume of 60,545. Space Asset Acquisition has a 12-month low of $9.88 and a 12-month high of $11.10. The firm’s 50-day moving average is $10.31.
Analyst Ratings Changes
Separately, Weiss Ratings assumed coverage on shares of Space Asset Acquisition in a research note on Monday, June 15th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Space Asset Acquisition has an average rating of “Sell”.
Space Asset Acquisition Company Profile
Space Asset Acquisition Corp is a blank check company.
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