LF Capital Acquisition Corp. (NASDAQ:LFAC) Sees Large Increase in Short Interest

LF Capital Acquisition Corp. (NASDAQ:LFAC) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,090 shares, an increase of 78.7% from the July 30th total of 610 shares. Based on an average daily volume of 2,346 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are sold short.

LF Capital Acquisition Stock Performance

Shares of NASDAQ LFAC opened at $10.06 on Monday. The firm has a fifty day simple moving average of $10.02 and a two-hundred day simple moving average of $9.98. LF Capital Acquisition has a 12 month low of $9.53 and a 12 month high of $10.06.

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 report on Wednesday, July 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

LF Capital Acquisition Company Profile

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.