M3-Brigade Acquisition V Corp. Warrant (NASDAQ:MBAVW) Short Interest Down 22.1% in January

M3-Brigade Acquisition V Corp. Warrant (NASDAQ:MBAVWGet Free Report) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 1,481 shares, a decline of 22.1% from the January 15th total of 1,900 shares. Based on an average trading volume of 4,011 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 4,011 shares, the short-interest ratio is presently 0.4 days.

M3-Brigade Acquisition V Corp. Warrant Trading Down 5.4%

NASDAQ:MBAVW traded down $0.04 during trading hours on Friday, reaching $0.67. The company had a trading volume of 24,302 shares, compared to its average volume of 26,990. M3-Brigade Acquisition V Corp. Warrant has a twelve month low of $0.17 and a twelve month high of $3.00. The business’s 50-day simple moving average is $0.85 and its two-hundred day simple moving average is $1.05.

M3-Brigade Acquisition V Corp. Warrant (NASDAQ: MBAVW) represents a detachable warrant issued by M3-Brigade Acquisition V Corp., a special purpose acquisition company (SPAC) formed to identify and complete a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination. The warrants were issued as part of units in the company’s initial public offering in November 2021 and began trading separately on the NASDAQ Global Market under the ticker MBAVW.

Each warrant entitles the holder to purchase one Class A ordinary share of M3-Brigade Acquisition V Corp.

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