Duddell Street Acquisition Corp. (NASDAQ:DSAC – Get Free Report) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 10,318 shares, a decline of 45.3% from the July 30th total of 18,878 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 16,923 shares, the days-to-cover ratio is presently 0.6 days.
Duddell Street Acquisition Stock Performance
DSAC stock traded up $0.01 during midday trading on Friday, hitting $10.17. The company’s stock had a trading volume of 181,340 shares, compared to its average volume of 76,719. The firm has a 50-day simple moving average of $10.15 and a 200-day simple moving average of $10.03. Duddell Street Acquisition has a 52-week low of $9.90 and a 52-week high of $10.47.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings raised shares of Duddell Street Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.
Duddell Street Acquisition Company Profile
Duddell Street Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in Central, Hong Kong.
See Also
- Five stocks we like better than Duddell Street Acquisition
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
Receive News & Ratings for Duddell Street Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Duddell Street Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
