Duddell Street Acquisition Corp. (NASDAQ:DSAC) Short Interest Update

Duddell Street Acquisition Corp. (NASDAQ:DSACGet Free Report) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 10,318 shares, a decrease of 45.3% from the July 30th total of 18,878 shares. Based on an average daily trading volume, of 16,923 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Duddell Street Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, July 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

View Our Latest Stock Report on DSAC

Duddell Street Acquisition Trading Down 0.2%

Shares of Duddell Street Acquisition stock traded down $0.02 during trading on Monday, reaching $10.15. The company’s stock had a trading volume of 25,367 shares, compared to its average volume of 76,268. The business’s 50-day moving average price is $10.15 and its 200-day moving average price is $10.03. Duddell Street Acquisition has a 52 week low of $9.90 and a 52 week high of $10.47.

About Duddell Street Acquisition

(Get Free Report)

Duddell Street Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Central, Hong Kong.

Further Reading

Receive News & Ratings for Duddell Street Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duddell Street Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.