TCGX Acquisition Corp. (NASDAQ:TCGX – Get Free Report) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 10,169 shares, a decrease of 70.1% from the August 15th total of 34,002 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 143,852 shares, the short-interest ratio is presently 0.1 days.
TCGX Acquisition Trading Down 2.9%
Shares of TCGX opened at $13.32 on Friday. TCGX Acquisition has a one year low of $10.30 and a one year high of $18.91.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen upgraded shares of TCGX Acquisition to a “hold” rating in a research report on Saturday, August 15th.
TCGX Acquisition Company Profile
TCGX Acquisition Corp. is a blank check company. It 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. TCGX Acquisition Corp. is based in PALO ALTO, Calif.
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