QDRO Acquisition Corp. (NASDAQ:QADR) Sees Significant Growth in Short Interest

QDRO Acquisition Corp. (NASDAQ:QADR) was the target of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 13,217 shares, an increase of 145.1% from the August 15th total of 5,393 shares. Based on an average daily volume of 6,748 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.1% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of QDRO Acquisition in a research note on Tuesday, August 18th. They set a “sell (e)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

QDRO Acquisition Stock Performance

Shares of QDRO Acquisition stock traded up $0.08 on Friday, hitting $10.06. 53,450 shares of the company traded hands, compared to its average volume of 14,255. The company has a 50 day moving average of $9.97. QDRO Acquisition has a 52 week low of $9.85 and a 52 week high of $10.79.

About QDRO Acquisition

QDRO Acquisition Corp. is a blank check company. It formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. QDRO Acquisition Corp. is based in New York.