Idea Acquisition Corp. (NASDAQ:IACO – Get Free Report) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 1,673 shares, a growth of 104.0% from the July 30th total of 820 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 13,904 shares, the short-interest ratio is currently 0.1 days.
Idea Acquisition Price Performance
Shares of IACO opened at $9.99 on Monday. The firm has a 50-day moving average of $9.94. Idea Acquisition has a 1 year low of $9.78 and a 1 year high of $9.99.
Wall Street Analyst Weigh In
Separately, Weiss Ratings assumed coverage on Idea Acquisition in a report on Friday, August 14th. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has an average rating of “Sell”.
Idea Acquisition Company Profile
Idea Acquisition Corp is a blank check company.
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