M3-Brigade Acquisition V Corp. Warrant (NASDAQ:MBAVW) Short Interest Update

M3-Brigade Acquisition V Corp. Warrant (NASDAQ:MBAVW) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 1,718 shares, a decline of 70.5% from the February 12th total of 5,819 shares. Based on an average daily volume of 8,238 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 8,238 shares, the days-to-cover ratio is currently 0.2 days.

M3-Brigade Acquisition V Corp. Warrant Stock Performance

Shares of MBAVW stock remained flat at $0.60 on Thursday. The stock had a trading volume of 900 shares, compared to its average volume of 30,573. The company has a 50-day moving average of $0.80 and a 200 day moving average of $0.95. M3-Brigade Acquisition V Corp. Warrant has a twelve month low of $0.17 and a twelve month high of $3.00.

M3-Brigade Acquisition V Corp. Warrant (NASDAQ: MBAVW) represents a detachable warrant issued by M3-Brigade Acquisition V Corp., a special purpose acquisition company (SPAC) formed to identify and complete a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination. The warrants were issued as part of units in the company’s initial public offering in November 2021 and began trading separately on the NASDAQ Global Market under the ticker MBAVW.

Each warrant entitles the holder to purchase one Class A ordinary share of M3-Brigade Acquisition V Corp.