Short Interest in Vernal Capital Acquisition Corp. (NYSE:VECA) Decreases By 67.6%

Vernal Capital Acquisition Corp. (NYSE:VECA) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,757 shares, a drop of 67.6% from the May 31st total of 5,431 shares. Based on an average trading volume of 31,373 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised shares of Vernal Capital Acquisition from a “sell” rating to a “hold” rating in a research report on Sunday, May 31st.

Vernal Capital Acquisition Stock Performance

NYSE VECA traded down $0.03 on Friday, reaching $9.92. The company had a trading volume of 4,488 shares, compared to its average volume of 127,826. Vernal Capital Acquisition has a 1 year low of $9.88 and a 1 year high of $11.01.