Paloma Acquisition Corp I (NASDAQ:PALO) Short Interest Update

Paloma Acquisition Corp I (NASDAQ:PALO) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 2,498 shares, an increase of 185.8% from the May 31st total of 874 shares. Based on an average daily volume of 1,266 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.0% of the shares of the company are sold short.

Paloma Acquisition Corp I Stock Up 0.2%

PALO stock traded up $0.02 during midday trading on Friday, hitting $9.92. 25,288 shares of the company traded hands, compared to its average volume of 25,537. Paloma Acquisition Corp I has a twelve month low of $9.84 and a twelve month high of $9.95. The firm’s 50 day simple moving average is $9.89.

About Paloma Acquisition Corp I

Paloma Acquisition Corp I is a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.