Short Interest in QuasarEdge Acquisition Corporation (NYSE:QRED) Increases By 67.7%

QuasarEdge Acquisition Corporation (NYSE:QRED) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 788 shares, an increase of 67.7% from the June 30th total of 470 shares. Based on an average trading volume of 113,563 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised QuasarEdge Acquisition to a “hold” rating in a report on Saturday, May 16th.

QuasarEdge Acquisition Price Performance

NYSE:QRED traded down $0.01 during mid-day trading on Friday, hitting $9.99. 13,037 shares of the company’s stock were exchanged, compared to its average volume of 94,080. QuasarEdge Acquisition has a fifty-two week low of $9.87 and a fifty-two week high of $10.00. The stock’s 50 day moving average is $9.96.