ESH Acquisition Corp. (NASDAQ:ESHAR – Get Free Report) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 16,902 shares, a growth of 757.5% from the December 31st total of 1,971 shares. Based on an average daily volume of 1,233 shares, the short-interest ratio is presently 13.7 days. Based on an average daily volume of 1,233 shares, the short-interest ratio is presently 13.7 days.
ESH Acquisition Stock Performance
Shares of NASDAQ:ESHAR traded up $0.00 during mid-day trading on Wednesday, reaching $0.23. 749 shares of the company were exchanged, compared to its average volume of 1,850. ESH Acquisition has a 1 year low of $0.07 and a 1 year high of $0.27. The firm’s 50-day simple moving average is $0.19 and its 200 day simple moving average is $0.17.
About ESH Acquisition
ESH Acquisition Corp is a Delaware-incorporated special purpose acquisition company (SPAC) that trades on the NASDAQ under the ticker ESHAR. The company was formed in August 2020 and completed its initial public offering in June 2021. As a blank-check vehicle, ESH Acquisition’s sole purpose is to identify, acquire or merge with one or more businesses, providing a public platform and access to capital for its target.
ESH Acquisition seeks opportunities within technology-enabled industries, with particular emphasis on financial technology (fintech), digital platforms, software and related services.
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