QuasarEdge Acquisition Corporation (NYSE:QRED) Sees Large Growth in Short Interest

QuasarEdge Acquisition Corporation (NYSE:QREDGet Free Report) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 289 shares, a growth of 144.9% from the May 31st total of 118 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 43,141 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of QuasarEdge Acquisition to a “hold” rating in a research note on Saturday, May 16th.

Get Our Latest Analysis on QRED

QuasarEdge Acquisition Stock Performance

Shares of QRED traded up $0.01 during trading hours on Tuesday, reaching $9.94. 5,331 shares of the stock traded hands, compared to its average volume of 94,714. QuasarEdge Acquisition has a 52-week low of $9.87 and a 52-week high of $9.98.

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