Infinite Eagle Acquisition Corp. Unit (NASDAQ:IEAGU) Sees Large Drop in Short Interest

Infinite Eagle Acquisition Corp. Unit (NASDAQ:IEAGUGet Free Report) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 1,652 shares, a decrease of 48.1% from the August 15th total of 3,182 shares. Based on an average trading volume of 341 shares, the days-to-cover ratio is presently 4.8 days.

Infinite Eagle Acquisition Corp. Unit Trading Up 0.2%

Shares of IEAGU stock traded up $0.02 on Wednesday, reaching $10.39. The company’s stock had a trading volume of 100 shares, compared to its average volume of 45,755. The stock’s fifty day simple moving average is $10.38 and its 200-day simple moving average is $10.28. Infinite Eagle Acquisition Corp. Unit has a 1 year low of $10.14 and a 1 year high of $11.69.

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