QuasarEdge Acquisition Corporation (NYSE:QRED) Sees Significant Decline in Short Interest

QuasarEdge Acquisition Corporation (NYSE:QRED) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 526 shares, a drop of 55.6% from the August 15th total of 1,184 shares. Based on an average daily trading volume, of 49,989 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

QuasarEdge Acquisition Stock Performance

NYSE:QRED traded up $0.00 during midday trading on Wednesday, hitting $10.04. The company had a trading volume of 5,020 shares, compared to its average volume of 73,815. The stock has a fifty day simple moving average of $10.01. QuasarEdge Acquisition has a 52-week low of $9.87 and a 52-week high of $10.05.

About QuasarEdge Acquisition

QuasarEdge Acquisition Corp is a blank check company. It formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. QuasarEdge Acquisition Corp is based in NEW YORK.