YHN Acquisition I Limited (NASDAQ:YHNAU – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 1 shares. Based on an average daily volume of 1,646 shares, the days-to-cover ratio is currently 0.0 days.
YHN Acquisition I Price Performance
YHNAU opened at $11.15 on Monday. The company’s 50 day moving average price is $11.22 and its two-hundred day moving average price is $10.75. YHN Acquisition I has a fifty-two week low of $10.51 and a fifty-two week high of $16.22.
YHN Acquisition I Company Profile
YHN Acquisition I is a blank-check company, also known as a special purpose acquisition company (SPAC). The company was formed to identify and complete a business combination, such as a merger, capital stock exchange, asset acquisition, or similar transaction, with one or more operating businesses.
YHN Acquisition I does not have an established operating business, products, or services of its own. Its publicly traded units, listed on the Nasdaq Global Market under the symbol YHNAU, generally represent an investment vehicle that combines shares of common stock with warrants or other securities, subject to the terms described in the company’s public filings.
The company’s business activities are focused on raising capital and evaluating potential acquisition opportunities.
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