Mountain Crest Acquisition 6 Corp. Units (NASDAQ:MCAHU) Short Interest Update

Mountain Crest Acquisition 6 Corp. Units (NASDAQ:MCAHU – Get Free Report) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 586 shares, a drop of 82.2% from the June 15th total of 3,286 shares. Based on an average daily volume of 11,866 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Mountain Crest Acquisition 6 Corp. Units to a “hold” rating in a research report on Saturday, May 9th.

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Insider Buying and Selling at Mountain Crest Acquisition 6 Corp. Units

In related news, CEO Suying Liu acquired 25,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was acquired at an average price of $10.00 per share, with a total value of $250,000.00. Following the acquisition, the chief executive officer directly owned 2,982,143 shares in the company, valued at $29,821,430. This represents a 0.85% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Mountain Crest Acquisition 6 Corp. Units Trading Down 2.1%

MCAHU traded down $0.22 on Monday, hitting $10.17. The company had a trading volume of 165 shares, compared to its average volume of 31,543. The stock’s fifty day simple moving average is $10.12. Mountain Crest Acquisition 6 Corp. Units has a 1 year low of $9.98 and a 1 year high of $11.00.

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