Meridian3 Industrials Aquisition Corp (NASDAQ:MIAC) Sees Significant Growth in Short Interest

Meridian3 Industrials Aquisition Corp (NASDAQ:MIAC) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 734 shares, a growth of ∞ from the August 15th total of 0 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 18,388 shares, the short-interest ratio is currently 0.0 days.

Meridian3 Industrials Aquisition Stock Up 0.1%

Shares of Meridian3 Industrials Aquisition stock opened at $9.84 on Tuesday. Meridian3 Industrials Aquisition has a 52-week low of $9.72 and a 52-week high of $9.95.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Meridian3 Industrials Aquisition to a “hold” rating in a report on Saturday, August 29th.

About Meridian3 Industrials Aquisition

Meridian3 Industrials Acquisition Corp. is a special purpose acquisition company formed to identify and complete a business combination with an operating company, commonly through a merger, acquisition, or similar transaction.

The company is focused on pursuing a target in the industrials sector. As a blank-check company, it does not have established operating products, services, or geographic markets of its own before completing an initial business combination.

Publicly available information about the company’s operating activities, target business, and leadership is limited.