QuasarEdge Acquisition Corporation (NYSE:QRED) Sees Significant Increase in Short Interest

QuasarEdge Acquisition Corporation (NYSE:QRED – Get Free Report) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 133 shares, an increase of ∞ from the April 30th total of 0 shares. Based on an average daily trading volume, of 253,248 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised shares of QuasarEdge Acquisition to a “hold” rating in a research note on Saturday, May 16th.

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QuasarEdge Acquisition Stock Down 0.1%

QRED traded down $0.01 on Monday, reaching $9.94. The company had a trading volume of 912 shares, compared to its average volume of 218,174. QuasarEdge Acquisition has a 52-week low of $9.87 and a 52-week high of $9.95.

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