Shreya Acquisition Group (NYSE:SAGU) Sees Large Increase in Short Interest

Shreya Acquisition Group (NYSE:SAGU – Get Free Report) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 4,895 shares, a growth of 336.7% from the August 15th total of 1,121 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 135,034 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Wall Street Zen raised shares of Shreya Acquisition Group to a “hold” rating in a research report on Saturday, May 30th. Weiss Ratings started coverage on Shreya Acquisition Group in a report on Tuesday, August 18th. They set a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, Shreya Acquisition Group presently has an average rating of “Sell”.

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Shreya Acquisition Group Price Performance

Shares of Shreya Acquisition Group stock traded up $0.04 during trading hours on Friday, reaching $10.05. 311 shares of the company’s stock were exchanged, compared to its average volume of 89,002. Shreya Acquisition Group has a fifty-two week low of $9.85 and a fifty-two week high of $10.05. The business’s 50 day moving average is $9.96.

About Shreya Acquisition Group

(Get Free Report)

Shreya Acquisition Group is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Shreya Acquisition Group is based in NEW YORK.

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