TCGX Acquisition Corp. (NASDAQ:TCGX – Get Free Report) was the target of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 34,002 shares, a growth of ∞ from the July 30th total of 0 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 122,977 shares, the days-to-cover ratio is currently 0.3 days.
TCGX Acquisition Stock Down 0.8%
TCGX stock traded down $0.11 on Friday, reaching $13.67. 325,459 shares of the company traded hands, compared to its average volume of 91,915. TCGX Acquisition has a one year low of $10.30 and a one year high of $18.91.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen raised shares of TCGX Acquisition to a “hold” rating in a research report on Saturday, August 15th.
TCGX Acquisition Company Profile
TCGX Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. TCGX Acquisition Corp. is based in PALO ALTO, Calif.
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