Emmis Acquisition Corp. (NASDAQ:EMISR) Short Interest Update

Emmis Acquisition Corp. (NASDAQ:EMISR) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 36 shares, a drop of 73.5% from the July 15th total of 136 shares. Based on an average trading volume of 2,975 shares, the days-to-cover ratio is currently 0.0 days.

Emmis Acquisition Price Performance

Emmis Acquisition stock remained flat at $0.11 during mid-day trading on Friday. The company’s fifty day simple moving average is $0.14. Emmis Acquisition has a fifty-two week low of $0.10 and a fifty-two week high of $0.18.

Emmis Acquisition Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us.