Market Technology Acquisition Corp (NASDAQ:MTAKU – Get Free Report) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,003 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily volume of 582,911 shares, the days-to-cover ratio is presently 0.0 days.
Market Technology Acquisition Price Performance
Shares of MTAKU stock opened at $9.97 on Monday. Market Technology Acquisition has a 1 year low of $9.90 and a 1 year high of $10.00.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of Market Technology Acquisition to a “hold” rating in a research note on Saturday, August 1st.
About Market Technology Acquisition
Market Technology Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and combine with an operating business through a merger, share exchange, asset acquisition, or similar transaction. Its securities traded under separate symbols for units, ordinary shares and warrants.
As a SPAC, Market Technology Acquisition Corp. did not have an established operating business, proprietary products or recurring commercial services before completing a business combination.
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