Infinite Eagle Acquisition Corp. Unit (NASDAQ:IEAGU) Sees Large Decrease in Short Interest

Infinite Eagle Acquisition Corp. Unit (NASDAQ:IEAGUGet Free Report) was the recipient of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 170 shares, a decrease of 85.1% from the April 15th total of 1,140 shares. Based on an average daily trading volume, of 2,322 shares, the days-to-cover ratio is currently 0.1 days.

Infinite Eagle Acquisition Corp. Unit Stock Performance

Shares of IEAGU traded up $0.05 during mid-day trading on Thursday, reaching $10.26. 1,087 shares of the company’s stock traded hands, compared to its average volume of 68,050. The firm’s 50-day moving average is $10.19. Infinite Eagle Acquisition Corp. Unit has a 12 month low of $10.14 and a 12 month high of $10.32.

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