Short Interest in Abony Acquisition Corp. I (NASDAQ:AACO) Declines By 77.4%

Abony Acquisition Corp. I (NASDAQ:AACO) saw a large decrease in short interest in July. As of July 31st, there was short interest totaling 330 shares, a decrease of 77.4% from the July 15th total of 1,463 shares. Based on an average daily volume of 3,103 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Analysts Set New Price Targets

Separately, Weiss Ratings began coverage on shares of Abony Acquisition Corp. I in a research note on Wednesday, July 8th. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has an average rating of “Sell”.

Abony Acquisition Corp. I Stock Up 0.1%

Shares of AACO traded up $0.01 during mid-day trading on Thursday, reaching $9.96. The company’s stock had a trading volume of 16,051 shares, compared to its average volume of 21,485. Abony Acquisition Corp. I has a 1-year low of $9.84 and a 1-year high of $9.99. The business’s 50-day moving average price is $9.93.

About Abony Acquisition Corp. I

Abony Acquisition Corp I is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.