Averin Capital Acquisition Corp. (NASDAQ:ACAA) Shares Shorted: Short Interest Up 460.1% in October

Averin Capital Acquisition Corp. (NASDAQ:ACAA) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 5,259 shares, a growth of 460.1% from the October 15th total of 939 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 175,014 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “sell (e)” rating on shares of Averin Capital Acquisition in a report on Wednesday, November 4th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

Averin Capital Acquisition Stock Performance

Shares of Averin Capital Acquisition stock traded up $0.08 during trading on Thursday, reaching $10.08. The company’s stock had a trading volume of 1,460 shares, compared to its average volume of 104,864. Averin Capital Acquisition has a one year low of $9.56 and a one year high of $10.23. The stock has a 50-day moving average price of $10.03 and a two-hundred day moving average price of $10.00.

Averin Capital Acquisition Company Profile

Averin Capital Acquisition Corp. is a special purpose acquisition company, or SPAC, formed to pursue a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. As a blank-check company, it does not operate a separate commercial business or offer products and services of its own. Its activities center on identifying and completing a business combination.