Short Interest in Alpex Acquisition Corporation (NASDAQ:ALPX) Rises By 813.8%

Alpex Acquisition Corporation (NASDAQ:ALPX) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 859 shares, an increase of 813.8% from the August 15th total of 94 shares. Based on an average daily trading volume, of 103,169 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Alpex Acquisition to a “hold” rating in a report on Saturday, August 1st.

Alpex Acquisition Stock Performance

Shares of NASDAQ ALPX remained flat at $9.95 during midday trading on Friday. 2,595 shares of the company were exchanged, compared to its average volume of 93,800. Alpex Acquisition has a fifty-two week low of $9.81 and a fifty-two week high of $10.00. The firm has a 50 day moving average of $9.90.