Vernal Capital Acquisition Corp. (NYSE:VECA) Short Interest Update

Vernal Capital Acquisition Corp. (NYSE:VECAGet Free Report) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,038 shares, a drop of 38.8% from the July 30th total of 1,695 shares. Based on an average trading volume of 31,143 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analyst Weigh In

VECA has been the topic of several analyst reports. Weiss Ratings started coverage on Vernal Capital Acquisition in a research note on Thursday, August 13th. They set a “sell (e-)” rating on the stock. Wall Street Zen upgraded Vernal Capital Acquisition from a “sell” rating to a “hold” rating in a report on Sunday, May 31st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Check Out Our Latest Analysis on VECA

Vernal Capital Acquisition Price Performance

VECA stock opened at $10.02 on Monday. Vernal Capital Acquisition has a 12 month low of $9.87 and a 12 month high of $11.01. The business’s 50-day moving average price is $9.97.

Vernal Capital Acquisition Company Profile

(Get Free Report)

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.

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