Aquaron Acquisition Corp. (NASDAQ:JXG) Short Interest Up 182.9% in September

Aquaron Acquisition Corp. (NASDAQ:JXG) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 408,800 shares, a growth of 182.9% from the September 15th total of 144,500 shares. Based on an average daily volume of 801,600 shares, the days-to-cover ratio is presently 0.5 days. Currently, 2.7% of the shares of the company are short sold. Currently, 2.7% of the shares of the company are short sold. Based on an average daily volume of 801,600 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Aquaron Acquisition in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Aquaron Acquisition Stock Performance

Shares of Aquaron Acquisition stock opened at $0.96 on Friday. Aquaron Acquisition has a 1 year low of $0.55 and a 1 year high of $7.00. The business has a 50 day moving average price of $0.94 and a 200 day moving average price of $1.62.

About Aquaron Acquisition

JX Luxventure Group, Inc engages in the design, manufacture, distribution, and sale of casual menswear. It operates through the following segments: Tourism Products, Technology, and Cross-Board Merchandise. The The company was founded by Anna Polemis on January 26, 2012, and is headquartered in Haikou, China.