Short Interest in Infinite Eagle Acquisition Corp. (NASDAQ:IEAG) Expands By 198.3%

Infinite Eagle Acquisition Corp. (NASDAQ:IEAGGet Free Report) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 5,498 shares, an increase of 198.3% from the July 15th total of 1,843 shares. Based on an average trading volume of 94,580 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Infinite Eagle Acquisition Stock Performance

Shares of NASDAQ IEAG remained flat at $10.25 during trading on Friday. 26,327 shares of the stock were exchanged, compared to its average volume of 94,809. The business has a fifty day moving average of $10.17. Infinite Eagle Acquisition has a twelve month low of $9.97 and a twelve month high of $10.27.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on Infinite Eagle Acquisition in a report on Wednesday, June 3rd. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Infinite Eagle Acquisition currently has a consensus rating of “Sell”.

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Infinite Eagle Acquisition Company Profile

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Infinite Eagle Acquisition Corp is a blank check company.

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