QDRO Acquisition Corp. (NASDAQ:QADRU) Short Interest Down 99.2% in July

QDRO Acquisition Corp. (NASDAQ:QADRU) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 7 shares, a decline of 99.2% from the June 30th total of 853 shares. Based on an average daily trading volume, of 27 shares, the short-interest ratio is presently 0.3 days.

QDRO Acquisition Stock Performance

Shares of QADRU stock remained flat at $10.08 during trading on Friday. QDRO Acquisition has a 52 week low of $9.88 and a 52 week high of $10.50. The firm’s 50 day moving average is $10.07.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of QDRO Acquisition to a “hold” rating in a research report on Saturday, April 11th.

About QDRO Acquisition

QDRO Acquisition (NASDAQ: QADRU) is a special-purpose acquisition company, commonly known as a blank check company, formed to raise capital through a public offering with the objective of effecting a merger, share exchange, asset acquisition, reorganization or similar business combination. Its primary business activity is to identify and consummate a transaction that will result in a combined operating company; until a business combination is completed, the company’s activities are typically limited to organizational matters, selecting targets and managing the proceeds of its offering.

Like other vehicles of its type, QDRO Acquisition raises capital by issuing units in a public market offering and holds the proceeds in a trust account pending completion of a qualifying business combination.