Praetorian Acquisition Corp. (NASDAQ:PTOR) Short Interest Up 75.5% in August

Praetorian Acquisition Corp. (NASDAQ:PTOR) was the target of a large increase in short interest in August. As of August 14th, there was short interest totaling 8,935 shares, an increase of 75.5% from the July 30th total of 5,090 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 77,185 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings started coverage on shares of Praetorian Acquisition in a report on Tuesday, June 9th. They issued a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Praetorian Acquisition Price Performance

Shares of NASDAQ PTOR opened at $9.99 on Monday. Praetorian Acquisition has a fifty-two week low of $9.77 and a fifty-two week high of $10.04. The company’s 50 day simple moving average is $9.96.

About Praetorian Acquisition

Praetorian Acquisition Corp is a blank check company 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.