X3 Acquisition Corp. Ltd. (NASDAQ:XCBE – Get Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,233 shares, an increase of 289.0% from the May 31st total of 317 shares. Based on an average daily trading volume, of 18,161 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.
Wall Street Analyst Weigh In
Separately, Weiss Ratings assumed coverage on shares of X3 Acquisition in a research note on Monday, June 8th. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.
View Our Latest Stock Analysis on XCBE
X3 Acquisition Trading Up 0.1%
X3 Acquisition Company Profile
X3 Acquisition Corp Ltd is a blank check company.
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