Infinite Eagle Acquisition Corp. (NASDAQ:IEAG) Short Interest Update

Infinite Eagle Acquisition Corp. (NASDAQ:IEAG) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 1,843 shares, a decrease of 82.2% from the June 30th total of 10,334 shares. Based on an average daily trading volume, of 18,604 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings assumed coverage on Infinite Eagle Acquisition in a research note on Wednesday, June 3rd. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Infinite Eagle Acquisition has an average rating of “Sell”.

Infinite Eagle Acquisition Stock Performance

NASDAQ IEAG traded down $0.01 during mid-day trading on Monday, reaching $10.21. 360,014 shares of the stock were exchanged, compared to its average volume of 90,503. Infinite Eagle Acquisition has a 1-year low of $9.97 and a 1-year high of $10.27. The firm’s fifty day simple moving average is $10.12.

About Infinite Eagle Acquisition

Infinite Eagle Acquisition Corp is a blank check company.