Short Interest in Soren Acquisition Corp. (NASDAQ:SORN) Expands By 1,832.3%

Soren Acquisition Corp. (NASDAQ:SORN) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 6,821 shares, an increase of 1,832.3% from the May 14th total of 353 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 6,132 shares, the days-to-cover ratio is currently 1.1 days.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings began coverage on Soren Acquisition in a research note on Tuesday, May 26th. They set a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Soren Acquisition Stock Down 0.1%

NASDAQ:SORN traded down $0.01 during mid-day trading on Wednesday, hitting $9.94. 2,002 shares of the company’s stock traded hands, compared to its average volume of 59,741. The firm’s 50 day moving average price is $9.90. Soren Acquisition has a 12 month low of $9.81 and a 12 month high of $10.88.

Soren Acquisition Company Profile

Soren Acquisition Corp is a blank check company.