Vernal Capital Acquisition Corp. (NYSE:VECA) Sees Significant Growth in Short Interest

Vernal Capital Acquisition Corp. (NYSE:VECA) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 5,431 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 367,296 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Vernal Capital Acquisition from a “sell” rating to a “hold” rating in a research report on Sunday, May 31st.

Vernal Capital Acquisition Price Performance

VECA stock traded up $0.01 during trading on Friday, reaching $10.00. 13,887 shares of the stock were exchanged, compared to its average volume of 218,108. Vernal Capital Acquisition has a twelve month low of $9.88 and a twelve month high of $10.71.