MOZAYYX Acquisition Corp. (NYSE:MZYX) Stock Short Interest Report for October

MOZAYYX Acquisition Corp. (NYSE:MZYX) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 97,820 shares, an increase of 9,781,900.0% from the October 15th total of 1 shares. Based on an average daily volume of 42,861 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.3% of the shares of the company are short sold.

MOZAYYX Acquisition Stock Performance

Shares of MZYX stock traded up $0.01 during mid-day trading on Tuesday, hitting $10.01. 85,008 shares of the stock traded hands, compared to its average volume of 68,108. MOZAYYX Acquisition has a twelve month low of $9.79 and a twelve month high of $10.10. The stock’s 50-day simple moving average is $10.00.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of MOZAYYX Acquisition from a “sell (e)” rating to a “sell (e+)” rating in a research report on Friday, October 2nd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

MOZAYYX Acquisition Company Profile

Mozayyx Acquisition Corp. is a special purpose acquisition company (SPAC) formed to identify and complete a business combination with one or more operating companies. Potential transactions may include a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar corporate transaction. As a SPAC, Mozayyx Acquisition Corp. does not operate a conventional commercial business and does not currently offer products or services to customers. Its principal activity is evaluating potential acquisition opportunities and pursuing a transaction that would result in a combined operating company.