Short Interest in AA Mission Acquisition Corp. (NYSE:AAM) Rises By 8,524.6%

AA Mission Acquisition Corp. (NYSE:AAM) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 103,927 shares, an increase of 8,524.6% from the January 15th total of 1,205 shares. Based on an average daily trading volume, of 116,579 shares, the short-interest ratio is currently 0.9 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 116,579 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of AA Mission Acquisition

An institutional investor recently bought a new position in AA Mission Acquisition stock. Concurrent Investment Advisors LLC bought a new stake in shares of AA Mission Acquisition Corp. (NYSE:AAM) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 11,500 shares of the company’s stock, valued at approximately $121,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of AA Mission Acquisition in a report on Friday, January 9th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

AA Mission Acquisition Trading Up 0.2%

Shares of AA Mission Acquisition stock opened at $10.66 on Thursday. The stock has a fifty day simple moving average of $10.66 and a 200 day simple moving average of $10.58. AA Mission Acquisition has a 12-month low of $10.14 and a 12-month high of $10.89.

AA Mission Acquisition Company Profile

AA Mission Acquisition Corp. (NYSE: AAM) is a blank‐check company incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition or similar business combination with one or more businesses. As a special purpose acquisition company (SPAC), AAM raises capital through an initial public offering and holds those funds in trust until identifying and closing on a qualifying transaction. The vehicle allows public investors to participate in the acquisition process alongside the sponsors and management team.

Since its formation, AA Mission Acquisition has focused on sourcing growth‐stage and established companies that present opportunities for long‐term value creation.