Praetorian Acquisition Corp. (NASDAQ:PTOR – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 607 shares, a growth of 82.3% from the May 31st total of 333 shares. Based on an average daily volume of 4,830 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
Praetorian Acquisition Price Performance
Shares of Praetorian Acquisition stock opened at $9.93 on Friday. Praetorian Acquisition has a 1 year low of $9.77 and a 1 year high of $9.94. The stock’s 50 day moving average is $9.91.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings started coverage on Praetorian Acquisition in a research report on Tuesday, June 9th. They set a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.
Praetorian Acquisition Company Profile
Praetorian Acquisition Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
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