Short Interest in GalaxyEdge Acquisition Corporation (NYSE:GLED) Drops By 87.2%

GalaxyEdge Acquisition Corporation (NYSE:GLED) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 374 shares, a drop of 87.2% from the July 15th total of 2,930 shares. Based on an average daily volume of 8,336 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

GalaxyEdge Acquisition Trading Down 0.1%

NYSE:GLED traded down $0.01 during trading hours on Friday, reaching $9.96. The company had a trading volume of 4,476 shares, compared to its average volume of 71,114. GalaxyEdge Acquisition has a 52 week low of $9.87 and a 52 week high of $10.00. The company’s 50 day simple moving average is $9.96.

About GalaxyEdge Acquisition

GalaxyEdge Acquisition Corp is a newly organized blank check company. The company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities.