Proem Acquisition Corp I (NASDAQ:PAAC) Sees Significant Increase in Short Interest

Proem Acquisition Corp I (NASDAQ:PAAC – Get Free Report) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 214 shares, an increase of 137.8% from the May 31st total of 90 shares. Based on an average daily volume of 6,806 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Proem Acquisition Corp I Stock Down 0.4%

Shares of PAAC stock traded down $0.04 on Tuesday, hitting $9.95. The company’s stock had a trading volume of 6,477 shares, compared to its average volume of 21,281. Proem Acquisition Corp I has a fifty-two week low of $9.83 and a fifty-two week high of $10.00.

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About Proem Acquisition Corp I

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Proem Acquisition Corp I is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

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