Newbridge Acquisition Limited (NASDAQ:NBRG – Get Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 1,728 shares, a growth of 790.7% from the May 31st total of 194 shares. Based on an average daily volume of 1,267 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.0% of the shares of the company are sold short.
Newbridge Acquisition Stock Performance
Shares of NASDAQ NBRG traded up $0.01 during mid-day trading on Friday, reaching $9.98. The company had a trading volume of 201 shares, compared to its average volume of 39,219. The company has a 50-day moving average price of $9.94. Newbridge Acquisition has a one year low of $9.59 and a one year high of $9.99.
Analyst Ratings Changes
Separately, Weiss Ratings assumed coverage on shares of Newbridge Acquisition in a research report on Tuesday, June 16th. They set a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.
About Newbridge Acquisition
Newbridge Acquisition Ltd is a blank check company.
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