Short Interest in PropTech Acquisition Co. (NASDAQ:PTAC) Rises By 68.9%

PropTech Acquisition Co. (NASDAQ:PTAC) was the recipient of a significant increase in short interest in August. As of August 14th, there was short interest totaling 179 shares, an increase of 68.9% from the July 30th total of 106 shares. Based on an average daily volume of 43,853 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

PropTech Acquisition Price Performance

Shares of PTAC stock opened at $9.94 on Wednesday. The company’s 50 day moving average is $7.18 and its 200 day moving average is $7.33. PropTech Acquisition has a 52-week low of $9.74 and a 52-week high of $10.10.

About PropTech Acquisition

PropTech Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2019 and is based in Wilson, Wyoming.