Infinite Eagle Acquisition Corp. (NASDAQ:IEAG) Sees Significant Increase in Short Interest

Infinite Eagle Acquisition Corp. (NASDAQ:IEAGGet Free Report) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 5,498 shares, a growth of 198.3% from the July 15th total of 1,843 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 94,580 shares, the days-to-cover ratio is currently 0.1 days.

Infinite Eagle Acquisition Trading Up 0.4%

Shares of Infinite Eagle Acquisition stock traded up $0.04 during trading hours on Thursday, reaching $10.25. The company’s stock had a trading volume of 866,150 shares, compared to its average volume of 100,149. The business has a fifty day simple moving average of $10.16. Infinite Eagle Acquisition has a one year low of $9.97 and a one year high of $10.27.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on Infinite Eagle Acquisition in a report on Wednesday, June 3rd. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

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Infinite Eagle Acquisition Company Profile

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Infinite Eagle Acquisition Corp is a blank check company.

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