ESH Acquisition Corp. (NASDAQ:ESHAR – Get Free Report) saw a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 12,160 shares, a decline of 15.1% from the February 12th total of 14,331 shares. Based on an average trading volume of 197 shares, the short-interest ratio is presently 61.7 days. Based on an average trading volume of 197 shares, the short-interest ratio is presently 61.7 days.
ESH Acquisition Trading Down 16.1%
Shares of ESH Acquisition stock traded down $0.02 during trading on Monday, reaching $0.12. 10,900 shares of the stock traded hands, compared to its average volume of 3,311. The business has a fifty day simple moving average of $0.18 and a two-hundred day simple moving average of $0.18. ESH Acquisition has a 52-week low of $0.07 and a 52-week high of $0.27.
ESH Acquisition Company Profile
ESH Acquisition Corp is a Delaware-incorporated special purpose acquisition company (SPAC) that trades on the NASDAQ under the ticker ESHAR. The company was formed in August 2020 and completed its initial public offering in June 2021. As a blank-check vehicle, ESH Acquisition’s sole purpose is to identify, acquire or merge with one or more businesses, providing a public platform and access to capital for its target.
ESH Acquisition seeks opportunities within technology-enabled industries, with particular emphasis on financial technology (fintech), digital platforms, software and related services.
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