Soren Acquisition Corp. (NASDAQ:SORN – Get Free Report) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 6,821 shares, a growth of 1,832.3% from the May 14th total of 353 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 6,132 shares, the short-interest ratio is currently 1.1 days.
Soren Acquisition Price Performance
SORN stock traded down $0.01 during mid-day trading on Tuesday, hitting $9.94. 2,002 shares of the company were exchanged, compared to its average volume of 59,741. Soren Acquisition has a twelve month low of $9.81 and a twelve month high of $10.88. The stock’s fifty day moving average is $9.90.
Wall Street Analyst Weigh In
Separately, Weiss Ratings initiated coverage on Soren Acquisition in a report on Tuesday, May 26th. They issued a “sell (e)” rating for the company. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Soren Acquisition presently has a consensus rating of “Sell”.
Soren Acquisition Company Profile
Soren Acquisition Corp is a blank check company.
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