West Enclave Merger Corp. (NYSE:WENC – Get Free Report) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 5,162 shares, a drop of 98.3% from the May 14th total of 302,793 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 41,730 shares, the days-to-cover ratio is currently 0.1 days.
West Enclave Merger Price Performance
NYSE WENC remained flat at $9.92 during trading on Tuesday. The company’s stock had a trading volume of 1,247 shares, compared to its average volume of 44,668. West Enclave Merger has a fifty-two week low of $9.86 and a fifty-two week high of $9.93.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised West Enclave Merger to a “hold” rating in a report on Saturday, May 23rd.
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