JAB Acquisition Corp I (NASDAQ:JABRU – Get Free Report) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 21,856 shares, a growth of 100.7% from the June 30th total of 10,888 shares. Based on an average daily trading volume, of 28,590 shares, the days-to-cover ratio is presently 0.8 days.
JAB Acquisition Corp I Trading Down 0.1%
NASDAQ JABRU opened at $10.08 on Wednesday. JAB Acquisition Corp I has a 1 year low of $9.99 and a 1 year high of $10.09.
JAB Acquisition Corp I Company Profile
JAB Acquisition Corp I is a special purpose acquisition company, or SPAC, formed to pursue a merger, share exchange, asset acquisition, stock purchase, recapitalization, or similar business combination with one or more businesses. As a blank check company, it does not operate a traditional commercial business of its own but is instead structured to raise capital and identify an acquisition target.
The company was organized to seek opportunities in industries and geographies that align with its management team’s experience and investment strategy.
See Also
- Five stocks we like better than JAB Acquisition Corp I
- UPS Just Gave Investors a Second Chance to Buy
- Welltower at 52-Week Highs—But Analysts Believe There’s More to Come
- D-Wave’s AT&T Deal Shows Quantum Computing Is Moving Beyond Theory
- Insiders Sell, Institutions Buy: The AI Trade Is Getting More Interesting
Receive News & Ratings for JAB Acquisition Corp I Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JAB Acquisition Corp I and related companies with MarketBeat.com's FREE daily email newsletter.
