Market Technology Acquisition Corp (NASDAQ:MTAK) Stock Short Interest Report for September

Market Technology Acquisition Corp (NASDAQ:MTAK) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 782 shares. Based on an average trading volume of 27,471 shares, the short-interest ratio is presently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Market Technology Acquisition to a “hold” rating in a research note on Saturday, September 19th.

Market Technology Acquisition Trading Down 0.1%

NASDAQ MTAK traded down $0.01 on Wednesday, reaching $9.86. 69,653 shares of the company’s stock traded hands, compared to its average volume of 44,309. Market Technology Acquisition has a 12 month low of $9.83 and a 12 month high of $10.00.

Market Technology Acquisition Company Profile

Market Technology Acquisition Corp. is a special purpose acquisition company (SPAC) focused on identifying and completing a business combination with one or more businesses. The company does not operate a conventional commercial business and was formed to raise capital through a public offering before pursuing a merger, acquisition, or similar transaction.

As a blank check company, Market Technology Acquisition Corp. may evaluate potential targets across technology-related and other industries, subject to the terms of its formation documents and the transaction approved by its shareholders.