Praetorian Acquisition Corp. (NASDAQ:PTOR – Get Free Report) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 5,090 shares, a decrease of 84.6% from the July 15th total of 33,143 shares. Based on an average trading volume of 17,897 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.
Praetorian Acquisition Stock Performance
NASDAQ PTOR traded down $0.01 on Friday, hitting $9.96. 34,294 shares of the company traded hands, compared to its average volume of 37,603. The business has a 50 day simple moving average of $9.95. Praetorian Acquisition has a 52-week low of $9.77 and a 52-week high of $10.04.
Analysts Set New Price Targets
Separately, Weiss Ratings assumed coverage on Praetorian Acquisition in a research note on Tuesday, June 9th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.
About Praetorian Acquisition
Praetorian Acquisition Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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