United Acquisition Corp. I (NYSEAMERICAN:UAC – Get Free Report) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 13,321 shares, an increase of 251.5% from the May 14th total of 3,790 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 5,431 shares, the days-to-cover ratio is presently 2.5 days.
United Acquisition Corp. I Price Performance
Shares of NYSEAMERICAN UAC traded up $0.03 during midday trading on Friday, hitting $9.93. The stock had a trading volume of 1,228 shares, compared to its average volume of 18,507. The company’s 50 day simple moving average is $9.86. United Acquisition Corp. I has a 1 year low of $9.51 and a 1 year high of $9.97.
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