Vernal Capital Acquisition Corp. (NYSE:VECA) Sees Significant Decline in Short Interest

Vernal Capital Acquisition Corp. (NYSE:VECA) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 555 shares, a decline of 68.4% from the June 15th total of 1,757 shares. Based on an average trading volume of 2,634 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of Vernal Capital Acquisition from a “sell” rating to a “hold” rating in a report on Sunday, May 31st.

Vernal Capital Acquisition Trading Down 0.2%

Shares of NYSE VECA traded down $0.01 during trading on Monday, reaching $9.94. 7,401 shares of the company traded hands, compared to its average volume of 89,857. Vernal Capital Acquisition has a 12-month low of $9.88 and a 12-month high of $11.01.