QuasarEdge Acquisition Corporation (NYSE:QRED) Short Interest Up 67.7% in July

QuasarEdge Acquisition Corporation (NYSE:QRED – Get Free Report) was the recipient of 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. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 113,563 shares, the days-to-cover ratio is currently 0.0 days.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on QRED

QuasarEdge Acquisition Stock Performance

Shares of QuasarEdge Acquisition stock opened at $9.99 on Friday. QuasarEdge Acquisition has a 12 month low of $9.87 and a 12 month high of $10.00. The firm’s 50-day moving average price is $9.96.

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