RMG ML Sports Holdings (NASDAQ:SHOTU) Sees Significant Growth in Short Interest

RMG ML Sports Holdings (NASDAQ:SHOTUGet Free Report) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 5,919 shares, a growth of ∞ from the May 31st total of 0 shares. Based on an average daily volume of 636,772 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of RMG ML Sports to a “hold” rating in a research note on Saturday, June 13th.

Check Out Our Latest Stock Report on SHOTU

RMG ML Sports Trading Down 0.3%

Shares of RMG ML Sports stock traded down $0.04 during trading on Thursday, hitting $10.01. 2,101 shares of the stock traded hands, compared to its average volume of 119,593. RMG ML Sports has a 52 week low of $9.87 and a 52 week high of $10.04.

About RMG ML Sports

(Get Free Report)

We are a newly incorporated blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not identified any potential business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any potential business combination target.

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