YHN Acquisition I Limited (NASDAQ:YHNAR) Short Interest Down 57.1% in May

YHN Acquisition I Limited (NASDAQ:YHNAR) saw a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 136 shares, a drop of 57.1% from the May 14th total of 317 shares. Based on an average daily volume of 4,379 shares, the days-to-cover ratio is presently 0.0 days.

YHN Acquisition I Stock Performance

Shares of YHNAR stock opened at $0.11 on Friday. The company’s 50 day moving average price is $0.12 and its two-hundred day moving average price is $0.13. YHN Acquisition I has a 52 week low of $0.10 and a 52 week high of $0.25.

YHN Acquisition I Corp is a special purpose acquisition company (SPAC) incorporated as an exempted company in the Cayman Islands. The company was formed to raise capital through an initial public offering and to use its proceeds to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. YHN Acquisition I units began trading on the Nasdaq under the ticker YHNAR.

As a blank check company, YHN Acquisition I holds the net proceeds from its IPO in a trust account pending the identification and completion of a qualifying business combination.