Eureka Acquisition Corp (NASDAQ:EURKU – Get Free Report) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 113 shares, an increase of 653.3% from the October 15th total of 15 shares. Based on an average daily trading volume, of 190 shares, the days-to-cover ratio is presently 0.6 days.
Eureka Acquisition Trading Down 11.2%
Shares of NASDAQ:EURKU opened at $11.81 on Wednesday. Eureka Acquisition has a one year low of $11.44 and a one year high of $13.80. The business’s 50-day simple moving average is $12.00 and its 200 day simple moving average is $11.38.
About Eureka Acquisition
Eureka Acquisition Corp. is a special purpose acquisition company (SPAC) formed to pursue a merger, share exchange, asset acquisition, or similar business combination with an operating company. It was established as a blank-check company and did not have significant operating businesses or products of its own. At its formation, Eureka said it intended to seek opportunities in sectors including technology, media and telecommunications, healthcare, education, and consumer businesses, with a focus on Asia.
See Also
- Five stocks we like better than Eureka Acquisition
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
Receive News & Ratings for Eureka Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eureka Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
