Legato Merger Corp. (NYSEAMERICAN:LEGO) Short Interest Down 70.6% in June

Legato Merger Corp. (NYSEAMERICAN:LEGO) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 287 shares, a drop of 70.6% from the May 31st total of 976 shares. Based on an average daily volume of 9,507 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Legato Merger Stock Performance

Shares of Legato Merger stock remained flat at $9.92 on Friday. 17 shares of the stock were exchanged, compared to its average volume of 20,647. The business has a fifty day moving average price of $9.89 and a 200-day moving average price of $10.56. Legato Merger has a twelve month low of $9.80 and a twelve month high of $9.95.

About Legato Merger

Legato Merger Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York.