YHN Acquisition I Limited (NASDAQ:YHNAR) Short Interest Down 57.1% in May

YHN Acquisition I Limited (NASDAQ:YHNAR – Get Free Report) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 136 shares, a drop of 57.1% from the May 14th total of 317 shares. Based on an average daily volume of 4,379 shares, the short-interest ratio is currently 0.0 days.

YHN Acquisition I Stock Down 0.1%

Shares of YHN Acquisition I stock opened at $0.11 on Friday. The business has a fifty day simple moving average of $0.12 and a 200 day simple moving average of $0.13. YHN Acquisition I has a 12 month low of $0.10 and a 12 month high of $0.25.

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YHN Acquisition I Corp is a special purpose acquisition company (SPAC) incorporated as an exempted company in the Cayman Islands. The company was formed to raise capital through an initial public offering and to use its proceeds to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. YHN Acquisition I units began trading on the Nasdaq under the ticker YHNAR.

As a blank check company, YHN Acquisition I holds the net proceeds from its IPO in a trust account pending the identification and completion of a qualifying business combination.

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