Xsolla SPAC 1 (NASDAQ:XSLL) Short Interest Update

Xsolla SPAC 1 (NASDAQ:XSLL) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 4,496 shares, a growth of 134.3% from the August 31st total of 1,919 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 45,084 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on shares of Xsolla SPAC 1 in a research report on Tuesday, August 18th. They set a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Xsolla SPAC 1 has an average rating of “Sell”.

Xsolla SPAC 1 Price Performance

Shares of NASDAQ XSLL opened at $10.01 on Friday. The firm has a fifty day moving average of $9.97. The firm has a market cap of $276.99 million and a PE ratio of 90.97. Xsolla SPAC 1 has a fifty-two week low of $9.76 and a fifty-two week high of $10.00.

Xsolla SPAC 1 Company Profile

Xsolla SPAC 1 Corp. is a special purpose acquisition company (SPAC) associated with Xsolla, a global video game commerce company. Unlike an operating business, the company was established to raise capital and pursue a merger, share exchange, asset acquisition, reorganization or similar business combination with one or more target companies.

Xsolla SPAC 1’s stated focus is related to identifying a suitable acquisition opportunity, potentially within the technology, gaming, digital entertainment or adjacent sectors.