Launchpad Cadenza Acquisition Corp I Unit (NASDAQ:LPCVU) Short Interest Down 97.1% in May

Launchpad Cadenza Acquisition Corp I Unit (NASDAQ:LPCVUGet Free Report) saw a large drop in short interest in May. As of May 15th, there was short interest totaling 15 shares, a drop of 97.1% from the April 30th total of 515 shares. Based on an average daily volume of 13 shares, the short-interest ratio is currently 1.2 days.

Launchpad Cadenza Acquisition Corp I Unit Price Performance

Shares of LPCVU remained flat at $10.10 during midday trading on Wednesday. The stock had a trading volume of 12,557 shares, compared to its average volume of 15,376. Launchpad Cadenza Acquisition Corp I Unit has a 52 week low of $9.95 and a 52 week high of $11.44. The stock’s 50-day moving average price is $10.02.

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