Legato Merger Corp. (NYSEAMERICAN:LEGO) Short Interest Up 264.8% in June

Legato Merger Corp. (NYSEAMERICAN:LEGO – Get Free Report) was the target of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 1,047 shares, an increase of 264.8% from the June 15th total of 287 shares. Based on an average daily volume of 14,340 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Legato Merger Stock Performance

LEGO remained flat at $9.96 during mid-day trading on Tuesday. 252 shares of the company’s stock were exchanged, compared to its average volume of 21,963. The stock’s 50-day moving average is $9.91 and its two-hundred day moving average is $10.46. Legato Merger has a 1-year low of $9.80 and a 1-year high of $9.97.

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Legato Merger Company Profile

(Get Free Report)

Legato Merger Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York.

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