Short Interest in LF Capital Acquisition Corp. (NASDAQ:LFAC) Declines By 70.5%

LF Capital Acquisition Corp. (NASDAQ:LFAC) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 610 shares, a decline of 70.5% from the July 15th total of 2,066 shares. Based on an average daily trading volume, of 2,738 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded LF Capital Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Wednesday, July 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has an average rating of “Sell”.

LF Capital Acquisition Trading Down 0.0%

Shares of LF Capital Acquisition stock traded down $0.01 on Friday, reaching $10.04. 21,977 shares of the stock were exchanged, compared to its average volume of 3,042. The business has a 50 day moving average price of $10.01 and a two-hundred day moving average price of $9.98. LF Capital Acquisition has a twelve month low of $9.53 and a twelve month high of $10.05.

About LF Capital Acquisition

LF Capital Acquisition Corp. does not have significant operations. It focuses on identifying and evaluating opportunities for the acquisition of assets or business with a view to completing a qualifying transaction. The company was founded in 2017 and is based in New York, New York.