Proem Acquisition Corp I (NASDAQ:PAAC) Sees Significant Increase in Short Interest

Proem Acquisition Corp I (NASDAQ:PAAC) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 214 shares, a growth of 137.8% from the May 31st total of 90 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 6,806 shares, the days-to-cover ratio is currently 0.0 days.

Proem Acquisition Corp I Trading Down 0.2%

Shares of Proem Acquisition Corp I stock traded down $0.01 during trading on Monday, hitting $9.97. The company’s stock had a trading volume of 509 shares, compared to its average volume of 22,207. Proem Acquisition Corp I has a 52 week low of $9.83 and a 52 week high of $10.00.

Proem Acquisition Corp I Company Profile

Proem Acquisition Corp I is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.