Short Interest in Shreya Acquisition Group (NYSE:SAGU) Declines By 81.6%

Shreya Acquisition Group (NYSE:SAGUGet Free Report) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 1,121 shares, a drop of 81.6% from the July 30th total of 6,096 shares. Based on an average trading volume of 8,196 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

Several research analysts have commented on the stock. Weiss Ratings started coverage on shares of Shreya Acquisition Group in a research report on Tuesday, August 18th. They issued a “sell (e)” rating for the company. Wall Street Zen raised Shreya Acquisition Group to a “hold” rating in a report on Saturday, May 30th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

View Our Latest Research Report on SAGU

Shreya Acquisition Group Stock Up 0.4%

Shares of NYSE SAGU traded up $0.04 during midday trading on Wednesday, reaching $10.01. 289 shares of the company traded hands, compared to its average volume of 71,127. Shreya Acquisition Group has a 52 week low of $9.85 and a 52 week high of $10.05. The stock’s 50-day moving average is $9.93.

About Shreya Acquisition Group

(Get Free Report)

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.

Further Reading

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