KPET Ultra Paceline Corporation (NYSE:KPET) Short Interest Update

KPET Ultra Paceline Corporation (NYSE:KPET) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 113 shares, a decrease of 57.5% from the August 31st total of 266 shares. Based on an average daily volume of 7,614 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

KPET Ultra Paceline Stock Performance

KPET Ultra Paceline stock traded up $0.06 during trading hours on Monday, reaching $10.05. 20,319 shares of the stock were exchanged, compared to its average volume of 7,150. KPET Ultra Paceline has a 52-week low of $9.91 and a 52-week high of $10.21. The stock has a market capitalization of $291.42 million and a PE ratio of 167.57. The company’s 50 day moving average price is $10.03.

KPET Ultra Paceline (NYSE:KPET) last issued its earnings results on Thursday, August 13th. The company reported $0.06 earnings per share for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on shares of KPET Ultra Paceline in a research note on Monday, August 17th. They set a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of “Sell”.

About KPET Ultra Paceline

KPET Ultra Paceline Corporation is a blank check company. It formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. KPET Ultra Paceline Corporation is based in New York.