Snow Rothschild Acquisition Corp. (NASDAQ:ISNR – Get Free Report) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 280 shares, an increase of 617.9% from the September 15th total of 39 shares. Based on an average daily trading volume, of 144 shares, the days-to-cover ratio is currently 1.9 days.
Snow Rothschild Acquisition Trading Up 0.3%
Shares of ISNR traded up $0.03 during mid-day trading on Friday, hitting $9.85. 10,881 shares of the company’s stock were exchanged, compared to its average volume of 6,983. Snow Rothschild Acquisition has a 52 week low of $9.80 and a 52 week high of $9.95. The stock has a 50-day moving average of $9.86.
Snow Rothschild Acquisition Company Profile
Snow Rothschild Acquisition Corp. (NASDAQ: ISNR) is a special purpose acquisition company, or SPAC. Rather than operating a traditional business, the company was formed to identify and complete a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more operating companies.
Until a business combination is completed, Snow Rothschild Acquisition’s activities are generally focused on evaluating potential acquisition targets and pursuing the transaction process.
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