Irenic Acquisition Corp. (NASDAQ:IACQ) Short Interest Down 36.9% in August

Irenic Acquisition Corp. (NASDAQ:IACQ) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 2,378 shares, a drop of 36.9% from the July 30th total of 3,769 shares. Based on an average daily volume of 28,522 shares, the days-to-cover ratio is presently 0.1 days.

Irenic Acquisition Stock Performance

Shares of NASDAQ:IACQ traded up $0.03 during midday trading on Wednesday, reaching $9.96. The company had a trading volume of 815 shares, compared to its average volume of 103,945. The stock has a 50 day simple moving average of $9.96. Irenic Acquisition has a 52-week low of $9.92 and a 52-week high of $10.10.