RMG ML Sports Holdings (NASDAQ:SHOTU) Short Interest Up ∞ in June

RMG ML Sports Holdings (NASDAQ:SHOTU) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 5,919 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily trading volume, of 636,772 shares, the days-to-cover ratio is presently 0.0 days.

RMG ML Sports Trading Down 0.1%

Shares of SHOTU stock opened at $9.99 on Wednesday. RMG ML Sports has a 52-week low of $9.87 and a 52-week high of $10.03.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded RMG ML Sports to a “hold” rating in a report on Saturday, June 13th.

About RMG ML Sports

We are a newly incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not identified any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target.