Short Interest in Legato Merger Corp. (NYSEAMERICAN:LEGO) Expands By 192.0%

Legato Merger Corp. (NYSEAMERICAN:LEGO – Get Free Report) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 1,317 shares, a growth of 192.0% from the April 15th total of 451 shares. Based on an average daily trading volume, of 13,508 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Legato Merger Stock Performance

NYSEAMERICAN:LEGO remained flat at $9.89 during trading hours on Thursday. The company had a trading volume of 533 shares, compared to its average volume of 23,707. The stock has a fifty day moving average price of $10.12 and a two-hundred day moving average price of $10.85. Legato Merger has a 52-week low of $9.80 and a 52-week high of $9.95.

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About Legato Merger

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Legato Merger Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York.

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