Market Technology Acquisition Corp (NASDAQ:MTAKU) Sees Large Growth in Short Interest

by · The Markets Daily

Market Technology Acquisition Corp (NASDAQ:MTAKU – Get Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,003 shares, an increase of ∞ from the July 15th total of 0 shares. Based on an average trading volume of 582,911 shares, the short-interest ratio is presently 0.0 days.

Market Technology Acquisition Stock Performance

MTAKU traded down $0.01 during trading hours on Friday, hitting $9.97. The company’s stock had a trading volume of 11,987 shares, compared to its average volume of 107,319. Market Technology Acquisition has a 12 month low of $9.90 and a 12 month high of $10.00.

Analysts Set New Price Targets

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

View Our Latest Analysis on Market Technology Acquisition

Market Technology Acquisition Company Profile

(Get Free Report)

Market Technology Acquisition Corp. was a special purpose acquisition company (SPAC) formed to identify and combine with an operating business through a merger, share exchange, asset acquisition, or similar transaction. Its securities traded under separate symbols for units, ordinary shares and warrants.

As a SPAC, Market Technology Acquisition Corp. did not have an established operating business, proprietary products or recurring commercial services before completing a business combination.

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