SPACSphere Acquisition Corp. (NASDAQ:SSAC – Get Free Report) was the recipient of a large drop in short interest in June. As of June 15th, there was short interest totaling 4,105 shares, a drop of 80.3% from the May 31st total of 20,860 shares. Based on an average daily volume of 312,097 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.
SPACSphere Acquisition Stock Up 0.1%
NASDAQ:SSAC opened at $9.98 on Friday. The firm has a 50 day moving average price of $9.96. SPACSphere Acquisition has a 1-year low of $9.85 and a 1-year high of $10.01.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. Weiss Ratings began coverage on SPACSphere Acquisition in a report on Friday, May 29th. They set a “sell (e)” rating for the company. Wall Street Zen cut SPACSphere Acquisition from a “hold” rating to a “sell” rating in a research report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, SPACSphere Acquisition has a consensus rating of “Sell”.
SPACSphere Acquisition Company Profile
SPACSphere Acquisition Corp is a blank check company.
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