X3 Acquisition Corp. Ltd. (NASDAQ:XCBE – Get Free Report) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 1,233 shares, a growth of 289.0% from the May 31st total of 317 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 18,161 shares, the short-interest ratio is currently 0.1 days.
X3 Acquisition Stock Performance
Shares of XCBE stock opened at $9.94 on Friday. X3 Acquisition has a 12 month low of $9.75 and a 12 month high of $9.95. The company’s 50 day moving average is $9.91.
Wall Street Analyst Weigh In
Separately, Weiss Ratings began coverage on X3 Acquisition in a report on Monday, June 8th. They set a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.
About X3 Acquisition
X3 Acquisition Corp Ltd is a blank check company.
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