Praetorian Acquisition Corp. (NASDAQ:PTOR) Stock Short Interest Report for September

Praetorian Acquisition Corp. (NASDAQ:PTOR) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 6,606 shares, a growth of 56.1% from the September 15th total of 4,231 shares. Based on an average trading volume of 49,245 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of Praetorian Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Tuesday, September 1st. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has an average rating of “Sell”.

Praetorian Acquisition Trading Down 0.1%

Shares of PTOR stock traded down $0.01 on Friday, reaching $9.97. 196 shares of the stock were exchanged, compared to its average volume of 37,669. The firm has a 50 day moving average of $9.97 and a two-hundred day moving average of $9.92. Praetorian Acquisition has a 1-year low of $9.77 and a 1-year high of $10.04.

About Praetorian Acquisition

Praetorian Acquisition Corp. is a special purpose acquisition company (SPAC) organized to identify and complete a business combination with one or more operating businesses. The company does not operate a conventional commercial business and does not manufacture products or provide services of its own.

Its primary corporate activities include evaluating potential merger partners and pursuing transactions such as a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.