Shreya Acquisition Group (NYSE:SAGU – Get Free Report) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 6,096 shares, an increase of 59.0% from the July 15th total of 3,835 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 5,167 shares, the days-to-cover ratio is currently 1.2 days.
Shreya Acquisition Group Price Performance
Shares of Shreya Acquisition Group stock opened at $9.96 on Wednesday. Shreya Acquisition Group has a one year low of $9.85 and a one year high of $10.05. The company has a 50-day moving average price of $9.92.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded Shreya Acquisition Group to a “hold” rating in a report on Saturday, May 30th.
About Shreya Acquisition Group
Shreya Acquisition Group is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Shreya Acquisition Group is based in NEW YORK.
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