Vernal Capital Acquisition Corp. (NYSE:VECA) Short Interest Down 68.4% in June

Vernal Capital Acquisition Corp. (NYSE:VECA) saw a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 555 shares, a decrease of 68.4% from the June 15th total of 1,757 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,634 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Vernal Capital Acquisition from a “sell” rating to a “hold” rating in a research report on Sunday, May 31st.

Vernal Capital Acquisition Stock Performance

Shares of NYSE:VECA traded down $0.01 during trading on Tuesday, hitting $9.95. 10,501 shares of the company were exchanged, compared to its average volume of 90,079. Vernal Capital Acquisition has a 52-week low of $9.88 and a 52-week high of $11.01.