Plum Acquisition Corp. I (NASDAQ:PLMIW) Short Interest Update

Plum Acquisition Corp. I (NASDAQ:PLMIW) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totalling 1,300 shares, a drop of 80.3% from the June 30th total of 6,600 shares. Based on an average daily trading volume, of 14,400 shares, the days-to-cover ratio is presently 0.1 days.

Plum Acquisition Corp. I Price Performance

Shares of PLMIW traded up $0.03 during trading hours on Thursday, reaching $0.08. 33,286 shares of the company’s stock traded hands, compared to its average volume of 16,437. Plum Acquisition Corp. I has a twelve month low of $0.01 and a twelve month high of $0.69. The business’s fifty day simple moving average is $0.12 and its two-hundred day simple moving average is $0.26.

Plum Acquisition Corp. I Company Profile

Plum Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California.