Short Interest in Praetorian Acquisition Corp. (NASDAQ:PTOR) Decreases By 84.6%

Praetorian Acquisition Corp. (NASDAQ:PTOR) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 5,090 shares, a decrease of 84.6% from the July 15th total of 33,143 shares. Based on an average daily trading volume, of 17,897 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Praetorian Acquisition Price Performance

Praetorian Acquisition stock traded down $0.01 during midday trading on Thursday, reaching $9.96. The company’s stock had a trading volume of 38,425 shares, compared to its average volume of 37,646. Praetorian Acquisition has a fifty-two week low of $9.77 and a fifty-two week high of $10.04. The stock’s 50-day moving average is $9.95.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of Praetorian Acquisition in a research note on Tuesday, June 9th. They issued a “sell (e)” rating for the company. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Praetorian Acquisition Company Profile

Praetorian Acquisition Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.