Short Interest in Infinite Eagle Acquisition Corp. (NASDAQ:IEAG) Declines By 82.2%

Infinite Eagle Acquisition Corp. (NASDAQ:IEAGGet Free Report) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 1,843 shares, a decline of 82.2% from the June 30th total of 10,334 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,604 shares, the days-to-cover ratio is presently 0.1 days.

Infinite Eagle Acquisition Stock Performance

IEAG stock traded down $0.01 during midday trading on Friday, hitting $10.21. The company had a trading volume of 209 shares, compared to its average volume of 86,540. Infinite Eagle Acquisition has a 52 week low of $9.97 and a 52 week high of $10.27. The firm has a 50 day moving average price of $10.12.

Wall Street Analyst Weigh In

Separately, Weiss Ratings assumed coverage on Infinite Eagle Acquisition in a research note on Wednesday, June 3rd. They set a “sell (e)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

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Infinite Eagle Acquisition Company Profile

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Infinite Eagle Acquisition Corp is a blank check company.

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