Alpex Acquisition Corporation (NASDAQ:ALPX) Short Interest Up 813.8% in August

Alpex Acquisition Corporation (NASDAQ:ALPX) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 859 shares, a growth of 813.8% from the August 15th total of 94 shares. Based on an average daily volume of 103,169 shares, the short-interest ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised Alpex Acquisition to a “hold” rating in a report on Saturday, August 1st.

Alpex Acquisition Price Performance

Shares of NASDAQ ALPX remained flat at $9.95 during mid-day trading on Thursday. The stock had a trading volume of 2,595 shares, compared to its average volume of 93,800. The company’s 50 day simple moving average is $9.90. Alpex Acquisition has a 12 month low of $9.81 and a 12 month high of $10.00.