Shreya Acquisition Group (NYSE:SAGU – Get 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%
About Shreya Acquisition Group
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.
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