Snow Rothschild Acquisition Corp. (NASDAQ:ISNRU – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 154 shares, an increase of 1,825.0% from the September 15th total of 8 shares. Based on an average trading volume of 6,931 shares, the short-interest ratio is currently 0.0 days.
Snow Rothschild Acquisition Stock Down 0.7%
ISNRU stock traded down $0.07 during mid-day trading on Friday, hitting $9.93. 4,262 shares of the stock were exchanged, compared to its average volume of 37,004. The firm’s fifty day simple moving average is $9.98. Snow Rothschild Acquisition has a 12 month low of $9.49 and a 12 month high of $10.28.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded shares of Snow Rothschild Acquisition to a “hold” rating in a research report on Saturday, June 13th.
Snow Rothschild Acquisition Company Profile
Snow Rothschild Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination, such as a merger, share exchange, acquisition or similar transaction, with one or more operating businesses.
As an acquisition-focused entity, the company does not appear to offer its own products or services. Its activities are centered on evaluating potential target companies and pursuing a transaction that would allow a private business to become publicly traded.
Publicly available information about Snow Rothschild Acquisition Corp.’s target industry, geographic focus, leadership and operating history is limited.
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