Vernal Capital Acquisition Corp. (NYSE:VECA – Get Free Report) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 555 shares, a drop of 68.4% from the June 15th total of 1,757 shares. Based on an average trading volume of 2,634 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.
Vernal Capital Acquisition Stock Up 0.0%
Shares of NYSE VECA traded up $0.00 on Friday, hitting $9.93. The company had a trading volume of 2,804 shares, compared to its average volume of 93,026. Vernal Capital Acquisition has a 12-month low of $9.88 and a 12-month high of $11.01.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded shares of Vernal Capital Acquisition from a “sell” rating to a “hold” rating in a report on Sunday, May 31st.
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