NorthStrive Acquisition Corp I. (NASDAQ:NSAIU) Sees Large Growth in Short Interest

NorthStrive Acquisition Corp I. (NASDAQ:NSAIU – Get Free Report) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,355 shares. Based on an average daily trading volume, of 35,717 shares, the short-interest ratio is presently 0.0 days.

NorthStrive Acquisition Corp I. Stock Performance

Shares of NSAIU traded down $0.02 during mid-day trading on Monday, reaching $10.02. The company’s stock had a trading volume of 107 shares, compared to its average volume of 38,312. NorthStrive Acquisition Corp I. has a 1 year low of $9.97 and a 1 year high of $10.56.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of NorthStrive Acquisition Corp I. to a “hold” rating in a report on Saturday, August 22nd.

Read Our Latest Stock Analysis on NSAIU

NorthStrive Acquisition Corp I. Company Profile

(Get Free Report)

NorthStrive Acquisition Corp. I is a blank-check company, also known as a special purpose acquisition company (SPAC), formed to pursue a business combination with one or more businesses. Its acquisition strategy, target industry and geographic focus have not been publicly established in the information available.

The company does not operate a conventional product or service business. Instead, its activities center on identifying a potential merger, acquisition or similar transaction that could result in a newly combined public company.

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