Slam Corp. (NASDAQ:SLAMW) Short Interest Up 57.7% in July

Slam Corp. (NASDAQ:SLAMW) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 42,900 shares, a growth of 57.7% from the July 15th total of 27,200 shares. Based on an average daily trading volume, of 92,000 shares, the short-interest ratio is currently 0.5 days.

Slam Stock Down 17.6 %

NASDAQ:SLAMW traded down $0.03 on Friday, reaching $0.14. The company’s stock had a trading volume of 169,319 shares, compared to its average volume of 77,404. Slam has a 1-year low of $0.06 and a 1-year high of $0.38. The business’s 50-day moving average price is $0.19 and its two-hundred day moving average price is $0.19.

Slam Company Profile

Slam Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.