NorthStrive Acquisition Corp I. (NASDAQ:NSAIU – Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 1,355 shares. Based on an average trading volume of 35,717 shares, the short-interest ratio is presently 0.0 days.
NorthStrive Acquisition Corp I. Price Performance
NorthStrive Acquisition Corp I. stock remained flat at $10.02 during mid-day trading on Tuesday. 225 shares of the company’s stock were exchanged, compared to its average volume of 36,905. NorthStrive Acquisition Corp I. has a 1 year low of $9.97 and a 1 year high of $10.56.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded shares of NorthStrive Acquisition Corp I. to a “hold” rating in a research note on Saturday, August 22nd.
NorthStrive Acquisition Corp I. Company Profile
NorthStrive Acquisition Corp. I is a blank-check company, also known as a special purpose acquisition company (SPAC), formed to pursue a business combination with one or more businesses. Its acquisition strategy, target industry and geographic focus have not been publicly established in the information available.
The company does not operate a conventional product or service business. Instead, its activities center on identifying a potential merger, acquisition or similar transaction that could result in a newly combined public company.
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