Short Interest in AA Mission Acquisition Corp. (NYSE:AAM) Declines By 95.9%

AA Mission Acquisition Corp. (NYSE:AAM) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 9 shares, a drop of 95.9% from the December 15th total of 220 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 30,217 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 30,217 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

AA Mission Acquisition Stock Up 0.1%

Shares of AAM stock traded up $0.01 on Tuesday, reaching $10.67. The company had a trading volume of 871 shares, compared to its average volume of 57,859. The business’s 50-day moving average is $10.63 and its 200 day moving average is $10.54. AA Mission Acquisition has a one year low of $10.12 and a one year high of $10.79.

AA Mission Acquisition (NYSE:AAM) last announced its quarterly earnings results on Friday, November 7th. The company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $3.78 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d)” rating on shares of AA Mission Acquisition in a research report on Friday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in AA Mission Acquisition stock. Concurrent Investment Advisors LLC acquired a new stake in AA Mission Acquisition Corp. (NYSE:AAM) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 11,500 shares of the company’s stock, valued at approximately $121,000.

About AA Mission Acquisition

AA Mission Acquisition Corp. (NYSE: AAM) is a blank‐check company incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition or similar business combination with one or more businesses. As a special purpose acquisition company (SPAC), AAM raises capital through an initial public offering and holds those funds in trust until identifying and closing on a qualifying transaction. The vehicle allows public investors to participate in the acquisition process alongside the sponsors and management team.

Since its formation, AA Mission Acquisition has focused on sourcing growth‐stage and established companies that present opportunities for long‐term value creation.