LF Capital Acquisition Corp. (NASDAQ:LFAC) Sees Large Increase in Short Interest

LF Capital Acquisition Corp. (NASDAQ:LFAC) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,090 shares, an increase of 78.7% from the July 30th total of 610 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,346 shares, the days-to-cover ratio is presently 0.5 days.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised LF Capital Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, July 1st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock currently has a consensus rating of “Sell”.

LF Capital Acquisition Stock Performance

Shares of LFAC opened at $10.06 on Monday. LF Capital Acquisition has a fifty-two week low of $9.53 and a fifty-two week high of $10.06. The firm’s 50-day simple moving average is $10.02 and its two-hundred day simple moving average is $9.98.

About LF Capital Acquisition

LF Capital Acquisition Corp. does not have significant operations. It focuses on identifying and evaluating opportunities for the acquisition of assets or business with a view to completing a qualifying transaction. The company was founded in 2017 and is based in New York, New York.