Short Interest in Irenic Acquisition Corp. Unit (NASDAQ:IACQU) Rises By 490.9%

Irenic Acquisition Corp. Unit (NASDAQ:IACQU – Get Free Report) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 5,472 shares, a growth of 490.9% from the May 31st total of 926 shares. Based on an average daily trading volume, of 9,204 shares, the short-interest ratio is presently 0.6 days.

Analyst Ratings Changes

Separately, Wall Street Zen raised Irenic Acquisition Corp. Unit to a “hold” rating in a research note on Saturday, May 2nd.

Get Irenic Acquisition Corp. Unit alerts:

Get Our Latest Analysis on Irenic Acquisition Corp. Unit

Irenic Acquisition Corp. Unit Stock Performance

IACQU traded down $0.05 during trading hours on Friday, reaching $10.19. The company’s stock had a trading volume of 875 shares, compared to its average volume of 105,094. Irenic Acquisition Corp. Unit has a fifty-two week low of $9.99 and a fifty-two week high of $10.47. The business has a 50-day moving average of $10.06.

Recommended Stories

• Five stocks we like better than Irenic Acquisition Corp. Unit
• 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
• 3 Waste Stocks Turning AI Investments into Growth
• 3 Overlooked Tech ETFs That Are Quietly Killing It This Year
• 3 ETFs Pairing Market-Beating Returns With High Dividend Yields

Receive News & Ratings for Irenic Acquisition Corp. Unit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Irenic Acquisition Corp. Unit and related companies with MarketBeat.com's FREE daily email newsletter.