Abony Acquisition Corp. I (NASDAQ:AACO) Stock Short Interest Report for September

Abony Acquisition Corp. I (NASDAQ:AACO) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 78 shares, a drop of 63.0% from the September 15th total of 211 shares. Based on an average daily trading volume, of 3,688 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Abony Acquisition Corp. I Price Performance

NASDAQ AACO opened at $9.97 on Wednesday. The business’s fifty day simple moving average is $9.98. Abony Acquisition Corp. I has a fifty-two week low of $9.84 and a fifty-two week high of $10.00.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Abony Acquisition Corp. I from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Abony Acquisition Corp. I currently has an average rating of “Sell”.

About Abony Acquisition Corp. I

Abony Acquisition Corp. I (NASDAQ:AACO) is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating businesses. Its potential transaction could take the form of a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar combination.

As a SPAC, Abony Acquisition Corp. I does not have an established operating business, commercial products or services of its own. Its activities are primarily focused on evaluating potential acquisition targets and pursuing a suitable transaction within the time frame specified in its formation and offering documents.

Publicly available information about the company’s target industry, geographic focus and leadership is limited.