Idea Acquisition Corp. (NASDAQ:IACO – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 1,673 shares, a growth of 104.0% from the July 30th total of 820 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 13,904 shares, the short-interest ratio is currently 0.1 days.
Idea Acquisition Stock Performance
IACO opened at $9.99 on Friday. The firm has a 50 day moving average of $9.94. Idea Acquisition has a 1-year low of $9.78 and a 1-year high of $9.99.
Analyst Ratings Changes
Separately, Weiss Ratings began coverage on shares of Idea Acquisition in a report on Friday, August 14th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Idea Acquisition currently has a consensus rating of “Sell”.
About Idea Acquisition
Idea Acquisition Corp is a blank check company.
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