Alpex Acquisition Corporation (NASDAQ:ALPX – Get Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 859 shares, a growth of 813.8% from the August 15th total of 94 shares. Based on an average trading volume of 103,169 shares, the days-to-cover ratio is presently 0.0 days.
Alpex Acquisition Stock Performance
ALPX stock remained flat at $9.95 during trading on Thursday. The company had a trading volume of 2,595 shares, compared to its average volume of 93,800. Alpex Acquisition has a fifty-two week low of $9.81 and a fifty-two week high of $10.00. The stock’s fifty day moving average is $9.90.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded shares of Alpex Acquisition to a “hold” rating in a report on Saturday, August 1st.
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