SORNU (NASDAQ:SORNU) Shares Shorted: Short Interest Up 124.0% in September

SORNU (NASDAQ:SORNU) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 168 shares, an increase of 124.0% from the August 31st total of 75 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is currently 168.0 days.

SORNU Price Performance

SORNU remained flat at $10.20 on Tuesday. The firm’s 50 day moving average is $10.17 and its 200-day moving average is $10.06. SORNU has a 52-week low of $9.92 and a 52-week high of $10.44.

SORNU Company Profile

We are a blank check company incorporated on September 2, 2025 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 specific 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.