Space Asset Acquisition Corp. (NASDAQ:SAAQ) Sees Large Decline in Short Interest

Space Asset Acquisition Corp. (NASDAQ:SAAQGet Free Report) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 2,934 shares, a decline of 74.2% from the June 30th total of 11,371 shares. Based on an average daily volume of 47,148 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Space Asset Acquisition Trading Up 0.2%

NASDAQ:SAAQ traded up $0.02 on Friday, reaching $10.18. The stock had a trading volume of 405 shares, compared to its average volume of 60,545. Space Asset Acquisition has a 12-month low of $9.88 and a 12-month high of $11.10. The stock’s fifty day simple moving average is $10.31.

Analysts Set New Price Targets

Separately, Weiss Ratings started coverage on Space Asset Acquisition in a report on Monday, June 15th. They set a “sell (e)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

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Space Asset Acquisition Corp is a blank check company.

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