Jones Ventures INTL Acquisition1 Corp (NASDAQ:JONEU – Get Free Report) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 18,901 shares, an increase of 524.6% from the July 15th total of 3,026 shares. Based on an average trading volume of 167,742 shares, the short-interest ratio is presently 0.1 days.
Jones Ventures INTL Acquisition1 Stock Performance
NASDAQ:JONEU remained flat at $9.92 during mid-day trading on Wednesday. 300 shares of the company traded hands, compared to its average volume of 218,658. Jones Ventures INTL Acquisition1 has a 12-month low of $9.91 and a 12-month high of $10.00.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised Jones Ventures INTL Acquisition1 to a “hold” rating in a report on Saturday, July 18th.
Jones Ventures INTL Acquisition1 Company Profile
We are a blank check company incorporated on June 15, 2021 as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target regarding an initial business combination with our company.
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