TCGX Acquisition Corp. (NASDAQ:TCGX) Short Interest Update

TCGX Acquisition Corp. (NASDAQ:TCGX) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 34,002 shares, an increase of ∞ from the July 30th total of 0 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 122,977 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised TCGX Acquisition to a “hold” rating in a research report on Saturday, August 15th.

TCGX Acquisition Trading Down 0.8%

TCGX traded down $0.11 during mid-day trading on Friday, reaching $13.67. 325,459 shares of the company traded hands, compared to its average volume of 91,915. TCGX Acquisition has a 52-week low of $10.30 and a 52-week high of $18.91.

TCGX Acquisition Company Profile

TCGX Acquisition Corp. is a blank check company. It 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. TCGX Acquisition Corp. is based in PALO ALTO, Calif.