Paloma Acquisition Corp I (NASDAQ:PALO) Sees Significant Decrease in Short Interest

Paloma Acquisition Corp I (NASDAQ:PALO) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 1,123 shares, a drop of 55.0% from the June 15th total of 2,498 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 28,291 shares, the days-to-cover ratio is presently 0.0 days.

Paloma Acquisition Corp I Stock Up 0.1%

Shares of PALO traded up $0.01 during trading hours on Tuesday, reaching $9.92. The stock had a trading volume of 160 shares, compared to its average volume of 26,064. Paloma Acquisition Corp I has a 52 week low of $9.84 and a 52 week high of $9.95. The company’s 50-day moving average is $9.90.

Paloma Acquisition Corp I Company Profile

Paloma Acquisition Corp I is 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 or entities.