Meridian3 Industrials Aquisition Corp (NASDAQ:MIAC) Short Interest Update

Meridian3 Industrials Aquisition Corp (NASDAQ:MIAC) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 734 shares, a growth of ∞ from the August 15th total of 0 shares. Based on an average trading volume of 18,388 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Meridian3 Industrials Aquisition Stock Down 0.1%

MIAC traded down $0.01 during midday trading on Wednesday, hitting $9.83. 118,757 shares of the company’s stock traded hands, compared to its average volume of 118,604. Meridian3 Industrials Aquisition has a one year low of $9.72 and a one year high of $9.95.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Meridian3 Industrials Aquisition to a “hold” rating in a research report on Saturday, August 29th.

Meridian3 Industrials Aquisition Company Profile

Meridian3 Industrials Acquisition Corp. is a special purpose acquisition company formed to identify and complete a business combination with an operating company, commonly through a merger, acquisition, or similar transaction.

The company is focused on pursuing a target in the industrials sector. As a blank-check company, it does not have established operating products, services, or geographic markets of its own before completing an initial business combination.

Publicly available information about the company’s operating activities, target business, and leadership is limited.