B&R Technology Merger Corp. (NASDAQ:BRTMU) Short Interest Up ∞ in July

B&R Technology Merger Corp. (NASDAQ:BRTMU) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,112 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average daily volume of 1,286,511 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of B&R Technology Merger to a “hold” rating in a research note on Saturday, July 25th.

Institutional Investors Weigh In On B&R Technology Merger

An institutional investor recently bought a new position in B&R Technology Merger stock. Bank of New York Mellon Corp bought a new stake in shares of B&R Technology Merger Corp. (NASDAQ:BRTMU) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 143,241 shares of the company’s stock, valued at approximately $2,495,000.

B&R Technology Merger Price Performance

BRTMU traded down $0.00 during trading on Friday, reaching $9.97. 623 shares of the stock traded hands, compared to its average volume of 250,635. B&R Technology Merger has a fifty-two week low of $9.94 and a fifty-two week high of $9.98.

About B&R Technology Merger

We are a blank check company incorporated as a Cayman Islands exempted company 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.