Short Interest in QuasarEdge Acquisition Corporation (NYSE:QRED) Rises By 144.9%

QuasarEdge Acquisition Corporation (NYSE:QREDGet Free Report) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 289 shares, an increase of 144.9% from the May 31st total of 118 shares. Based on an average daily volume of 43,141 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Analysts Set New Price Targets

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

Check Out Our Latest Report on QuasarEdge Acquisition

QuasarEdge Acquisition Trading Up 0.2%

NYSE:QRED traded up $0.02 on Wednesday, reaching $9.95. 10,553 shares of the company’s stock were exchanged, compared to its average volume of 92,067. QuasarEdge Acquisition has a 52 week low of $9.87 and a 52 week high of $9.98.

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