Short Interest in Slam Corp. (NASDAQ:SLAMW) Drops By 80.6%

Slam Corp. (NASDAQ:SLAMW) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 1,400 shares, a decline of 80.6% from the March 31st total of 7,200 shares. Based on an average daily volume of 43,700 shares, the short-interest ratio is presently 0.0 days.

Slam Stock Down 25.0 %

Shares of NASDAQ SLAMW traded down $0.05 during midday trading on Thursday, reaching $0.15. 400 shares of the stock were exchanged, compared to its average volume of 54,116. Slam has a twelve month low of $0.06 and a twelve month high of $0.38. The company has a 50 day simple moving average of $0.20 and a 200 day simple moving average of $0.16.

About Slam

Slam Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. Slam Corp. was incorporated in 2020 and is based in New York, New York.