Vernal Capital Acquisition Corp. (NYSE:VECA – Get Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 1,695 shares, an increase of 141.8% from the July 15th total of 701 shares. Based on an average daily trading volume, of 24,340 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.
Vernal Capital Acquisition Price Performance
Shares of Vernal Capital Acquisition stock traded down $0.01 during trading on Friday, hitting $9.99. 106 shares of the stock traded hands, compared to its average volume of 71,073. The business’s fifty day moving average is $9.97. Vernal Capital Acquisition has a twelve month low of $9.87 and a twelve month high of $11.01.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the stock. Wall Street Zen upgraded shares of Vernal Capital Acquisition from a “sell” rating to a “hold” rating in a report on Sunday, May 31st. Weiss Ratings started coverage on Vernal Capital Acquisition in a report on Thursday. They set a “sell (e-)” rating for the company. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.
Vernal Capital Acquisition Company Profile
Vernal Capital Acquisition Corp. is a blank check company. It formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Vernal Capital Acquisition Corp. is based in New York.
See Also
- Five stocks we like better than Vernal Capital Acquisition
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for Vernal Capital Acquisition Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vernal Capital Acquisition and related companies with MarketBeat.com's FREE daily email newsletter.
