Newbridge Acquisition Limited (NASDAQ:NBRG) Short Interest Up 790.7% in June

Newbridge Acquisition Limited (NASDAQ:NBRG) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,728 shares, a growth of 790.7% from the May 31st total of 194 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,267 shares, the days-to-cover ratio is presently 1.4 days.

Analyst Ratings Changes

Separately, Weiss Ratings started coverage on Newbridge Acquisition in a research note on Tuesday, June 16th. They set a “sell (e)” rating for the company. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Newbridge Acquisition currently has an average rating of “Sell”.

Newbridge Acquisition Stock Performance

NASDAQ:NBRG opened at $9.97 on Friday. The company has a 50-day simple moving average of $9.93. Newbridge Acquisition has a twelve month low of $9.59 and a twelve month high of $9.99.

Newbridge Acquisition Company Profile

Newbridge Acquisition Ltd is a blank check company.