Praetorian Acquisition Corp. (NASDAQ:PTOR) Sees Large Decline in Short Interest

Praetorian Acquisition Corp. (NASDAQ:PTORGet Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 4,749 shares, a decrease of 46.8% from the August 15th total of 8,935 shares. Based on an average daily trading volume, of 9,617 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

Praetorian Acquisition Stock Performance

Shares of PTOR stock traded down $0.01 during trading on Tuesday, reaching $9.98. The company had a trading volume of 11,175 shares, compared to its average volume of 33,970. The stock has a 50 day moving average price of $9.97. Praetorian Acquisition has a one year low of $9.77 and a one year high of $10.04.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Praetorian Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research note on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

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