QDRO Acquisition Corp. (NASDAQ:QADRU – Get Free Report) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 853 shares, a decrease of 90.3% from the June 15th total of 8,753 shares. Based on an average trading volume of 2,218 shares, the short-interest ratio is currently 0.4 days.
Analysts Set New Price Targets
Separately, Wall Street Zen raised QDRO Acquisition to a “hold” rating in a report on Saturday, April 11th.
View Our Latest Analysis on QADRU
QDRO Acquisition Price Performance
QDRO Acquisition Company Profile
QDRO Acquisition (NASDAQ: QADRU) is a special-purpose acquisition company, commonly known as a blank check company, formed to raise capital through a public offering with the objective of effecting a merger, share exchange, asset acquisition, reorganization or similar business combination. Its primary business activity is to identify and consummate a transaction that will result in a combined operating company; until a business combination is completed, the company’s activities are typically limited to organizational matters, selecting targets and managing the proceeds of its offering.
Like other vehicles of its type, QDRO Acquisition raises capital by issuing units in a public market offering and holds the proceeds in a trust account pending completion of a qualifying business combination.
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