Miluna Acquisition Corp (NASDAQ:MMTX) Short Interest Up 85.0% in July

Miluna Acquisition Corp (NASDAQ:MMTXGet Free Report) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 2,105 shares, a growth of 85.0% from the June 30th total of 1,138 shares. Based on an average daily trading volume, of 1,763 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Sona Asset Management US LLC purchased a new position in Miluna Acquisition in the 1st quarter valued at approximately $1,177,000. Polar Asset Management Partners Inc. acquired a new stake in shares of Miluna Acquisition in the first quarter valued at $3,704,000. Finally, Whitebox Advisors LLC acquired a new stake in shares of Miluna Acquisition in the first quarter valued at $4,004,000.

Miluna Acquisition Trading Up 0.2%

MMTX traded up $0.03 during mid-day trading on Thursday, hitting $10.12. 2,474 shares of the stock were exchanged, compared to its average volume of 38,365. The firm’s fifty day moving average price is $10.11. Miluna Acquisition has a 1-year low of $9.88 and a 1-year high of $10.15. The company has a market cap of $89.38 million and a P/E ratio of 9,642.86.

Miluna Acquisition Company Profile

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Miluna Acquisition Corp is a blank check company.

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