MOZAYYX Acquisition Corp. (NYSE:MZYX) Stock Short Interest Climbs 9,781,900.0%

MOZAYYX Acquisition Corp. (NYSE:MZYX) saw a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 97,820 shares, an increase of 9,781,900.0% from the October 15th total of 1 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 42,861 shares, the short-interest ratio is currently 2.3 days.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of MOZAYYX Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has a consensus rating of “Sell”.

MOZAYYX Acquisition Stock Performance

Shares of MOZAYYX Acquisition stock opened at $10.02 on Thursday. MOZAYYX Acquisition has a 12 month low of $9.79 and a 12 month high of $10.10. The company’s fifty day moving average price is $10.00.

About MOZAYYX Acquisition

MOZAYYX Acquisition Corp. is a special purpose acquisition company (SPAC), formed to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. As a SPAC, it does not have an established operating business or a portfolio of products and services. Its principal activity is identifying and completing a business combination; the target industry and geographic focus are not specified here.