Enhanced Group (NYSE:ENHA) Sees Significant Growth in Short Interest

Enhanced Group (NYSE:ENHA) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 191,655 shares, an increase of 1,188.4% from the April 30th total of 14,876 shares. Based on an average daily volume of 310,080 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the company’s shares are sold short.

Enhanced Group Stock Down 9.0%

Shares of Enhanced Group stock opened at $2.76 on Thursday. Enhanced Group has a one year low of $2.35 and a one year high of $14.00.

About Enhanced Group

We are a blank check company incorporated in the British Virgin Islands as a business company with limited liability and 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, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.