Muzero Acquisition Corp (NASDAQ:MUZE – Get Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 3,833 shares, a growth of 350.9% from the June 15th total of 850 shares. Based on an average trading volume of 14,311 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are sold short.
Muzero Acquisition Stock Performance
MUZE traded down $0.02 on Monday, reaching $9.97. The company had a trading volume of 2,335 shares, compared to its average volume of 20,306. Muzero Acquisition has a fifty-two week low of $9.78 and a fifty-two week high of $9.99. The firm’s fifty day simple moving average is $9.93.
Analysts Set New Price Targets
Separately, Weiss Ratings started coverage on Muzero Acquisition in a research note on Tuesday, June 16th. They issued a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.
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