QuasarEdge Acquisition Corporation (NYSE:QRED – Get Free Report) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 1,184 shares, a drop of 92.9% from the July 30th total of 16,729 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 20,592 shares, the days-to-cover ratio is currently 0.1 days.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of QuasarEdge Acquisition to a “hold” rating in a report on Saturday, May 16th.
Check Out Our Latest Research Report on QuasarEdge Acquisition
QuasarEdge Acquisition Stock Up 0.1%
About QuasarEdge Acquisition
QuasarEdge Acquisition Corp is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. QuasarEdge Acquisition Corp is based in NEW YORK.
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