Social Commerce Partners Corporation (NASDAQ:SCPQ) Stock Short Interest Report for October

Social Commerce Partners Corporation (NASDAQ:SCPQ) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 39 shares, a drop of 67.2% from the September 30th total of 119 shares. Based on an average daily volume of 2,827 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Social Commerce Partners Stock Performance

NASDAQ:SCPQ opened at $10.10 on Friday. Social Commerce Partners has a one year low of $9.85 and a one year high of $10.14. The company has a fifty day moving average of $10.09. The firm has a market capitalization of $138.10 million and a P/E ratio of 201.90.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Social Commerce Partners from a “sell (e)” rating to a “sell (e+)” rating in a report on Monday, August 3rd. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, Social Commerce Partners has a consensus rating of “Sell”.

Social Commerce Partners Company Profile

Social Commerce Partners Corp. was a blank-check company formed to identify and complete a business combination with one or more businesses. Its potential transaction could have taken the form of a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar combination.

The company was associated with the social commerce sector, which generally includes businesses that use social-media platforms, digital communities and online channels to market and sell products or services.