Short Interest in Miluna Acquisition Corp (NASDAQ:MMTX) Grows By 85.0%

Miluna Acquisition Corp (NASDAQ:MMTXGet Free Report) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 2,105 shares, a growth of 85.0% from the June 30th total of 1,138 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,763 shares, the short-interest ratio is presently 1.2 days.

Miluna Acquisition Price Performance

NASDAQ MMTX remained flat at $10.10 during trading on Friday. The company’s stock had a trading volume of 2,592 shares, compared to its average volume of 37,862. The stock has a fifty day simple moving average of $10.11. The stock has a market cap of $89.16 million and a price-to-earnings ratio of 9,619.05. Miluna Acquisition has a 12 month low of $9.88 and a 12 month high of $10.15.

Institutional Investors Weigh In On Miluna Acquisition

A number of large investors have recently bought and sold shares of MMTX. Whitebox Advisors LLC acquired a new stake in Miluna Acquisition in the 1st quarter valued at about $4,004,000. Polar Asset Management Partners Inc. acquired a new position in shares of Miluna Acquisition in the 1st quarter valued at $3,704,000. Finally, Sona Asset Management US LLC bought a new stake in shares of Miluna Acquisition in the first quarter worth about $1,177,000.

About Miluna Acquisition

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Miluna Acquisition Corp is a blank check company.

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