Muzero Acquisition Corp (NASDAQ:MUZE) Sees Large Decrease in Short Interest

Muzero Acquisition Corp (NASDAQ:MUZE) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 271 shares, a decline of 91.9% from the July 15th total of 3,359 shares. Based on an average daily trading volume, of 3,615 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings assumed coverage on shares of Muzero Acquisition in a research report on Tuesday, June 16th. They issued a “sell (e)” rating on the stock. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Muzero Acquisition Stock Performance

MUZE traded down $0.01 during midday trading on Wednesday, hitting $9.96. 2,204 shares of the company traded hands, compared to its average volume of 2,281. The firm has a 50-day moving average of $9.95. Muzero Acquisition has a 52 week low of $9.78 and a 52 week high of $9.99.

About Muzero Acquisition

Muzero Acquisition Corp is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Muzero Acquisition Corp is based in New York.