Idea Acquisition Corp. (NASDAQ:IACO) Short Interest Down 90.8% in May

Idea Acquisition Corp. (NASDAQ:IACOGet Free Report) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 434 shares, a drop of 90.8% from the May 14th total of 4,699 shares. Based on an average daily volume of 7,820 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Idea Acquisition Price Performance

Shares of IACO traded up $0.00 during mid-day trading on Wednesday, reaching $9.91. 4,004 shares of the company’s stock were exchanged, compared to its average volume of 93,512. The stock’s 50-day simple moving average is $9.87. Idea Acquisition has a 52-week low of $9.78 and a 52-week high of $9.93.

About Idea Acquisition

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Idea Acquisition Corp is a blank check company.

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