Launchpad Cadenza Acquisition Corp I Unit (NASDAQ:LPCVU) Sees Large Increase in Short Interest

Launchpad Cadenza Acquisition Corp I Unit (NASDAQ:LPCVUGet Free Report) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 906 shares, an increase of ∞ from the July 30th total of 0 shares. Based on an average daily volume of 732 shares, the days-to-cover ratio is presently 1.2 days.

Launchpad Cadenza Acquisition Corp I Unit Stock Performance

LPCVU stock remained flat at $10.10 during trading on Friday. 1 shares of the company traded hands, compared to its average volume of 16,129. The company has a fifty day moving average price of $10.08 and a 200 day moving average price of $10.06. Launchpad Cadenza Acquisition Corp I Unit has a 12-month low of $9.95 and a 12-month high of $11.44.

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