Legato Merger Corp. (NYSEAMERICAN:LEGO) Short Interest Update

Legato Merger Corp. (NYSEAMERICAN:LEGO) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 1,047 shares, a growth of 264.8% from the June 15th total of 287 shares. Based on an average trading volume of 14,340 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Legato Merger Stock Performance

Shares of LEGO stock remained flat at $9.96 on Monday. The company had a trading volume of 252 shares, compared to its average volume of 21,963. Legato Merger has a twelve month low of $9.80 and a twelve month high of $9.97. The stock’s fifty day moving average is $9.91 and its two-hundred day moving average is $10.46.

Legato Merger Company Profile

Legato Merger Corp. does not have significant operations. It intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. The company was founded in 2020 and is based in New York, New York.