QDRO Acquisition Corp. (NASDAQ:QADR – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 13,217 shares, an increase of 145.1% from the August 15th total of 5,393 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 6,748 shares, the short-interest ratio is currently 2.0 days.
QDRO Acquisition Stock Performance
Shares of QADR traded up $0.08 during mid-day trading on Friday, hitting $10.06. The company’s stock had a trading volume of 53,450 shares, compared to its average volume of 14,255. The company has a 50-day moving average price of $9.97. QDRO Acquisition has a 52-week low of $9.85 and a 52-week high of $10.79.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings initiated coverage on QDRO Acquisition in a report on Tuesday, August 18th. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.
QDRO Acquisition Company Profile
QDRO Acquisition Corp. is a blank check company. It formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. QDRO Acquisition Corp. is based in New York.
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