Averin Capital Acquisition Corp. (NASDAQ:ACAA) Stock Short Interest Jumps 460.1%

Averin Capital Acquisition Corp. (NASDAQ:ACAA) saw a significant increase in short interest in October. As of October 30th, there was short interest totaling 5,259 shares, an increase of 460.1% from the October 15th total of 939 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 175,014 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Averin Capital Acquisition in a report on Wednesday, November 4th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Averin Capital Acquisition Price Performance

NASDAQ:ACAA traded up $0.10 during mid-day trading on Friday, reaching $10.10. 1,460 shares of the stock were exchanged, compared to its average volume of 103,168. Averin Capital Acquisition has a 1-year low of $9.56 and a 1-year high of $10.23. The business has a fifty day moving average price of $10.03 and a 200 day moving average price of $10.00.

About Averin Capital Acquisition

Averin Capital Acquisition Corp. is a special purpose acquisition company, or SPAC, formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank-check company, it does not operate a separate commercial business or offer products and services of its own. Its activities center on identifying and completing a business combination.