Shreya Acquisition Group (NYSE:SAGU) Short Interest Up 336.7% in August

Shreya Acquisition Group (NYSE:SAGU) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 4,895 shares, a growth of 336.7% from the August 15th total of 1,121 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 135,034 shares, the short-interest ratio is presently 0.0 days.

Shreya Acquisition Group Stock Up 0.4%

Shares of NYSE SAGU opened at $10.05 on Friday. The company has a 50 day simple moving average of $9.96. Shreya Acquisition Group has a 52-week low of $9.85 and a 52-week high of $10.05.

Wall Street Analysts Forecast Growth

SAGU has been the subject of several research reports. Wall Street Zen upgraded Shreya Acquisition Group to a “hold” rating in a research report on Saturday, May 30th. Weiss Ratings assumed coverage on Shreya Acquisition Group in a report on Tuesday, August 18th. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Shreya Acquisition Group Company Profile

Shreya Acquisition Group is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Shreya Acquisition Group is based in NEW YORK.