Vernal Capital Acquisition Corp. (NYSE:VECA) Short Interest Update

Vernal Capital Acquisition Corp. (NYSE:VECA) was the target of a significant increase in short interest in July. As of July 31st, there was short interest totaling 1,695 shares, an increase of 141.8% from the July 15th total of 701 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 24,340 shares, the short-interest ratio is presently 0.1 days.

Vernal Capital Acquisition Trading Down 0.1%

NYSE:VECA traded down $0.01 during trading hours on Friday, hitting $9.99. 106 shares of the company’s stock traded hands, compared to its average volume of 71,073. The stock has a fifty day moving average price of $9.97. Vernal Capital Acquisition has a twelve month low of $9.87 and a twelve month high of $11.01.

Analyst Ratings Changes

VECA has been the topic of a number of recent analyst reports. Weiss Ratings began coverage on shares of Vernal Capital Acquisition in a report on Thursday. They set a “sell (e-)” rating on the stock. Wall Street Zen raised shares of Vernal Capital Acquisition from a “sell” rating to a “hold” rating in a research note on Sunday, May 31st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Vernal Capital Acquisition currently has a consensus rating of “Sell”.

Vernal Capital Acquisition Company Profile

Vernal Capital Acquisition Corp. is a blank check company. It formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Vernal Capital Acquisition Corp. is based in New York.