Averin Capital Acquisition Corp. (NASDAQ:ACAA) Shares Shorted: Short Interest Up 460.1% in October

Averin Capital Acquisition Corp. (NASDAQ:ACAA) was the recipient of a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 5,259 shares, a growth of 460.1% from the October 15th total of 939 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 175,014 shares, the days-to-cover ratio is presently 0.0 days.

Averin Capital Acquisition Stock Up 0.1%

Averin Capital Acquisition stock opened at $10.06 on Wednesday. Averin Capital Acquisition has a 52-week low of $9.56 and a 52-week high of $10.23. The company’s 50-day moving average price is $10.03.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Averin Capital Acquisition in a report on Wednesday, November 4th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Averin Capital Acquisition currently has an average rating of “Sell”.

About Averin Capital Acquisition

Averin Capital Acquisition Corp. is a special purpose acquisition company (SPAC) listed on the Nasdaq Capital Market under the symbol ACAA. The company was formed to identify and combine with one or more operating businesses through a merger, share exchange, asset acquisition, share purchase, recapitalization, or similar transaction. As a SPAC, Averin Capital Acquisition does not operate a conventional product or service business. Its activities are primarily focused on raising capital through an initial public offering, placing the proceeds into a trust account, and evaluating potential acquisition targets.