GalaxyEdge Acquisition Corporation (NYSE:GLED – Get Free Report) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 145 shares, a decline of 91.5% from the August 31st total of 1,713 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 17,370 shares, the days-to-cover ratio is currently 0.0 days.
GalaxyEdge Acquisition Stock Performance
GalaxyEdge Acquisition stock traded up $0.01 during trading hours on Friday, hitting $10.02. 3,124 shares of the stock traded hands, compared to its average volume of 11,640. The firm’s 50 day moving average price is $9.99. GalaxyEdge Acquisition has a 1 year low of $9.87 and a 1 year high of $10.06.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings assumed coverage on shares of GalaxyEdge Acquisition in a research note on Tuesday, August 18th. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, GalaxyEdge Acquisition currently has an average rating of “Sell”.
About GalaxyEdge Acquisition
GalaxyEdge Acquisition Corp is a newly organized blank check company. The company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.
Further Reading
- Five stocks we like better than GalaxyEdge Acquisition
- 3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand
- SoFi Is Bypassing the Banking Bottleneck With Stablecoin Settlement
- These 3 Overlooked Stocks Have Big Money Behind Them
- Darden Restaurants Serves Up Fresh Catalysts for a Stock Price Rally
Receive News & Ratings for GalaxyEdge Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GalaxyEdge Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
