West Enclave Merger Corp. (NYSE:WENC – Get Free Report) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 48,927 shares, an increase of 847.8% from the May 31st total of 5,162 shares. Based on an average daily volume of 34,742 shares, the short-interest ratio is presently 1.4 days. Currently, 0.3% of the shares of the stock are short sold.
West Enclave Merger Trading Down 0.3%
NYSE WENC traded down $0.03 during trading hours on Friday, reaching $9.91. The company’s stock had a trading volume of 174 shares, compared to its average volume of 53,460. West Enclave Merger has a 52 week low of $9.86 and a 52 week high of $9.94.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded shares of West Enclave Merger to a “hold” rating in a research report on Saturday, May 23rd.
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