Quantum Leap Acquisition Corp (NYSE:QLEP) Sees Large Decline in Short Interest

Quantum Leap Acquisition Corp (NYSE:QLEPGet Free Report) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 736 shares, a decline of 81.1% from the July 15th total of 3,902 shares. Based on an average daily volume of 44,198 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Quantum Leap Acquisition Stock Performance

Shares of NYSE QLEP traded down $0.01 during mid-day trading on Thursday, reaching $10.01. The company had a trading volume of 510 shares, compared to its average volume of 46,281. Quantum Leap Acquisition has a one year low of $9.93 and a one year high of $10.09.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Quantum Leap Acquisition to a “hold” rating in a research report on Saturday, June 27th.

Get Our Latest Stock Analysis on QLEP

Quantum Leap Acquisition Company Profile

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Quantum Leap Acquisition Corp. is a blank check company. It formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Quantum Leap Acquisition Corp. is based in Menlo Park, California.

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